The Traderszone Network

Published in TZ Latest News 5 August, 2014 by The TZ Newswire Staff

Treasuries, Munis Funds Gained In July Amid Bond Retreat

Upbeat economic news late in July fueled investor worries that the Federal Reserve would speed up its timetable for hiking interest rates. That sparked a late-month sell-off in taxable bond mutual funds, which overall lost 0.43% in July, according to preliminary Lipper Inc. data. Service-sector indicators were up. So were factory orders.

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