MutualFundWire.com: Bond Funds Get a Push in Q1
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Monday, May 7, 2007

Bond Funds Get a Push in Q1


Bond funds are enjoying hearty numbers so far this year. The WSJ reports that high-yield funds are seeing their strongest year-to-date inflows since 2003. Overall, bond funds attracted $44.7 billion in inflows in the first quarter, more than double the 10-year first-quarter average, according to a study by Citigroup. Along with bond funds, blue chip stocks are doing well. They pulled in $16.3 billion last quarter, about 2.5 times the amount in the year-earlier period.


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