Bond Funds Content

In a series of recent blog posts, economists at the Federal Reserve Bank of New York have discussed new research assessing the potential for bond mutual funds to pose systemic risks.

Washington, DC, April 30, 2015—Total assets of closed-end funds (CEFs) increased to $289 billion at year-end 2014, up $10 billion from year-end 2013. Demand for new bond CEF shares, however, slowed substantially during the same time frame, according to an updated annual study released...