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U.S. bond funds nab most cash in nearly a year -ICI

U.S. fund investors returned in force to bonds during the latest week, putting the most cash in debt markets in almost a year, Investment Company Institute (ICI) data showed on Wednesday. Bond mutual funds and exchange-traded funds (ETFs) snagged $9.3 billion in new cash during the week ended Jan 16, the most since late January 2018, the trade group said. Federal Reserve Chairman Jerome Powell and other U.S. monetary policy officia

UPDATE 1-Barclays lowers U.S. Q1 GDP growth view to 2.5 pct

Barclays economists said on Wednesday they reduced their outlook on U.S. economic growth in the first quarter to an annualized rate of 2.5 percent from an earlier projection of 3.0 percent as a result of the historically long partial federal government shutdown.

Funds & ETF