(Reuters) - NEW YORK, June 13 - Lehman Brothers said
on Wednesday that its widely tracked U.S. bond index is down
for the year, signaling that over $3 trillion of bond funds are
in danger of losing money for the first time since 1999.
The Lehman U.S. Aggregate Bond Index, the benchmark for
more than $3 trillion in bond funds, returned -0.24 percent in
the year-to-date through Tuesday, the first time the index had
a losing YTD return since February.
Read more at Reuters.com Bonds News
on Wednesday that its widely tracked U.S. bond index is down
for the year, signaling that over $3 trillion of bond funds are
in danger of losing money for the first time since 1999.
The Lehman U.S. Aggregate Bond Index, the benchmark for
more than $3 trillion in bond funds, returned -0.24 percent in
the year-to-date through Tuesday, the first time the index had
a losing YTD return since February.
Read more at Reuters.com Bonds News
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