Home Money Investment Here's an investment bucking the carnage in stocks and bonds

Here's an investment bucking the carnage in stocks and bonds

38 second read
0
16

Go-anywhere funds come with vulnerabilities, said Eric Jacobson, a Morningstar analyst. At the end of last year, the funds had 34% of their money in bonds rated below investment grade, roughly eight times as much high-yield debt as intermediate funds held. High-yield prices sank Friday along with stocks and other bonds.

Let’s block ads! (Why?)


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

South Korean companies poised to invest in the North if sanctions relax

[unable to retrieve full-text content] South Korean companies poised to invest in the Nort…