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Thursday, October 2, 2014

Munis Gain In September Amid Wider Bond Fund Selloff



Investor's Business Daily - Investing RSS http://ift.tt/1rBi4k5 Investors across the bond spectrum counted their losses in September. General taxable domestic bond funds lost 1.60%, according to preliminary data from Lipper Inc. Prices tumbled across the board, with declines in bond funds sensitive to interest rate news and fluctuations in yield spreads against Treasuries and well as foreign bonds. They were hurt by higher Treasury yields, wider spreads and a strong dollar, BlackRock officials said. "There's


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