It’s a tale that’s just about as old as the internet: An unusual and adorable …
Read More »El-Erian Says Cash on Sidelines Is Minimizing Bond Market Losses
(Bloomberg) — Investors are using their massive cash piles to lock in attractive yields in global bond markets, helping to limit losses in the asset class, according to Mohamed El-Erian. Most Read from Bloomberg Demand for Treasuries is strong as demonstrated with this week’s auctions. And US money-market fund assets …
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