TLT - Despite Steepening Yield Curve Investors Embrace Bond Funds In April
Photo Source: Andy Wong/Pool via REUTERS. Chinese Vice Premier Liu He, right, poses with U.S. Treasury Secretary Steven Mnuchin, center, and U.S. Trade Representative Robert Lighthizer, left, before they proceed to their meeting at the Diaoyutai State Guesthouse in Beijing, Wednesday, May 1, 2019.
For the second consecutive month, investors were net redeemers of mutual fund assets, withdrawing $4.0 billion from the conventional funds business (excluding ETFs, which are reviewed in the section below) for April. Investors remained upbeat ahead of the Q1 earnings season and optimistic that the U.S. and China trade talks had