Corporate bond funds succumb to rate fears that have gripped stocks and Treasuries
As stock investors fret about rising rates, this week's CPI report could guide the market's next phase.
Tax-exempt money fund assets have grown almost $7 billion so far this year.
Bond chief Hasenstab sees rising interest rates wreaking havoc.
Jerome Powell's background in financial services is viewed as a plus.
More than $46 billion went to taxable bonds last month, versus $17 billion flowing into stock funds and ETFs.
Over the past week, 401(k) participants have been trading much more than usual, moving from equities into fixed income and money funds.
Treasury 10-year yield is trading at a four-year high at 2.85%, stoking fears of Fed tightening
The market sell-off highlights the virtues of hedging.
The S&P 500 is now more than 10% off the record it hit on Jan. 26
ETNs tied to volatility took a beating when stocks plunged.
His Janus Henderson fund fell 0.8% on Monday, the most in a year.
'Melt-up' of yields pushes 10-year to 2.74%, its highest level since 2014
The bond market's bubble will be the "critical issue," he says, and links that to the growing federal deficit.
Other managers argue that level on Treasury note signals a bear market in bonds.
WisdomTree investment strategist says equities 'are nowhere near as expensive as bonds.'
While bond prices are falling, higher interest payments cushion the blow.
Hedge fund manager sees the Federal Reserve tightening policy faster than expected.
280 CapMarkets says its Bond Navigator product is like Zillow for bonds
Inflation worries, international rates pushing Treasuries yields higher.
