(Reuters) - The funds made bad bets on collateralized debt obligations
linked to subprime mortgages and worries over the magnitude of
local banks' exposure to troubles in the subprime sector has
unnerved investors.
"The flight-to-safety will continue at least until the Fed
meeting. There is a tremendous amount of uncertainty right
now," said Doug Roberts Chief Investment Strategist, Channel
Capital Research in Shrewsbury, New Jersey.
Read more at Reuters.com Bonds News
linked to subprime mortgages and worries over the magnitude of
local banks' exposure to troubles in the subprime sector has
unnerved investors.
"The flight-to-safety will continue at least until the Fed
meeting. There is a tremendous amount of uncertainty right
now," said Doug Roberts Chief Investment Strategist, Channel
Capital Research in Shrewsbury, New Jersey.
Read more at Reuters.com Bonds News
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