Stampede indeed: $61B exited fixed-income investments (AGG, BND) in June, estimates TrimTabs,...
Stampede indeed: $61B exited fixed-income investments (AGG, BND) in June, estimates TrimTabs, storming past the previous record of $41B at the height of the financial crisis in October 2008. Pimco's giant Total Return Fund (the ETF version isBOND) is seeing outflows as it puts in one of its worst performances ever. The last time the fund saw money leaving was late 2011, just ahead of 2012's plunge in yields.
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