TITLE

Short-term moves helping some fund managers ride out interest rate fears

AUTHOR(S)
Polyak, Ilana
PUB. DATE
October 1997
SOURCE
Bond Buyer;10/17/97, Vol. 322 Issue 30254, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that fund managers' investment in short-term yield funds is helping alleviate fears of high interest rates in the United States. US Federal Reserve Board chairman Alan Greenspan's forecast of the rise in interest rates; Countrywide Investments' expectation of price declines; Decline of yields on weekly variable-rate demand notes in early October, 1997.
ACCESSION #
9710275643

 

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