Fixed-income investors are piling into short-term bond funds as well as dumping longer-term debt, to shield their portfolios from the worst of a market rout as interest rates rise, Financial Times writes.
Fixed-income investors are piling into short-term bond funds as well as dumping longer-term debt, to shield their portfolios from the worst of a market rout as interest rates rise, Financial Times writes.
Loan production income shrank in the first quarter, but the company’s servicing business continues to grow