US Junk-Bond Funds Post Biggest Outflow in Over a Year
Funds that invest in US corporate high-yield notes saw the biggest outflow in more than a year as the Federal Reserve’s hawkish approach to inflation makes investors wary.
Funds that invest in US corporate high-yield notes saw the biggest outflow in more than a year as the Federal Reserve’s hawkish approach to inflation makes investors wary.
With just a day or so to go, JPMorgan Chase & Co and Deutsche Bank AG say that the once-every-four-years Bitcoin software update called the “halving” that has long been touted as one of the keys to propping up the cryptocurrency’s value is pretty much priced in.
A new Wall Street clash has broken out between Cathie Wood’s ARK Investment Management and the firm behind a young fund targeting private assets that has taken the investing world by storm.
One of the hottest trades in China’s stock market has reached dizzying heights, and a guideline by the regulator is adding fuel to the rally.
With energy stocks trading near all-time highs and oil climbing as well, hedge funds think they’ve found a trade to capitalize: Sell the shares and pour the profits into buying more crude.
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