Jun 23 2006 | 9:08pm ET
This week Eurekahedge analyst Rajeev Baddepudi takes a look distressed debt and fixed income funds. The following commentary courtesy of Eurekahedge.
Global financial markets took a steep fall in the second week of May, following an extended spell of benign to rising markets supported by encouraging corporate and economic data. The downdraft was largely attributable to heightened inflation worries coupled with the lack of clear guidance from the Fed and a weakening US dollar, which in turn exacerbated investor risk aversion. Interestingly, however, lowered risk appetites did not translate into rallies in the treasury markets, which continued their sell-off as 10-year yields rose a modest 5 basis points to 5.1% and 5-year yields rose 1 basis points to 5.03%.
Dec 5 2013 | 9:51am ET
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