Since the first hint that the Federal Reserve would begin tapering its monthly bond buying program and long-term interest rates began to rise last May, investors have shunned all types of bonds and bond funds.
I find it valuable to pause in reacting to grand macro events such as yesterday’s long awaited FOMC asset purchase moderation announcement.
Heading into this morning’s opening, there remains only eight-and-a-half trading sessions before the books close on 2013.
Newfleet blog focuses on long-term total return history of bank loan market
Last Friday morning, December 6, the Labor Department released the November nonfarm payrolls report.
Past performance is not a guarantee of future results.
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