Money market funds are an important part of the short-term credit markets. That’s why the Federal Reserve (Fed) has been committed to ensuring they operate as they should.
- The amount of global bonds trading at negative yields continues to rise and has accelerated recently.
- There are a number of reasons why investors continue to hold and purchase bonds with negative yields.
- Rate and credit volatility are likely to continue, offering opportunities for active fixed-income investors to source alpha and manage risk.