Hedge Fund News From HedgeCo.Net


Hedge funds sold bonds ahead of market rotation, TICS data suggest

MarketWatch РForeigners bought a net $29.9 billion of Treasurys in December, the strongest gain in four months, according to a report released by the Treasury Department on Friday.

Foreigners also purchased $18.1 billion of mortgage-backed securities, likely due to concerns about the global economy at year, said Gennadiy Goldberg, an economist atTD Securities in New York. He noted that there was strong selling for the second straight month from Caribbean accounts, a typical proxy for hedge funds.

Read Complete Article 

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply