In the Margins

'Liquidity trap' worries bond market

December 14, 2015

By The Wall Street Journal

Bond market participants are worried in the face of Third Avenue Management's halt of redemptions last week, a continued oil price rout, and the apparent readiness of the Federal Reserve to raise rates. Goldman Sachs put out a note Friday warning Franklin Resources “is most at risk” given the large high-yield holdings of its funds, poor performance and large outflows. Read the original story from The Wall Street Journal.



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