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-0.00305010893246189 -0.00305010893246189 -0.00305010893246189 0.00521459694989111 0.00555555555555561 -0.00326797385620912 -0.0699891067538126 -0.0348322440087145
Stock impact report

GRAPHIC-World's top debt funds lose billions in coronavirus rout [Reuters]

Diamond Hill Investment Group, Inc. - Class A (DHIL) 
US:NASDAQ Investor Relations: ir.diamond-hill.com
Company Research Source: Reuters
GRAPHIC-World's top debt funds lose billions in coronavirus rout - Reuters 3 Min Read * Coronavirus sees credit spreads surge * PIMCO GIS Income fund, down 7.7% - Morningstar * Neuberger Berman Emerging Market Debt Blend down 54.8% By Simon Jessop, Kate Duguid and Carolyn Cohn NEW YORK/LONDON, March 20 (Reuters) - Coronavirus has hit the world’s biggest debt funds, which have lost billions of dollars in value, Morningstar data shows, while one smaller fund shed half its value in a little over two weeks. Markets have lost trillions of dollars in value over that time at a record-breaking pace, laying bare structural weaknesses after a decade of central bank easy money and fuelling fears of mass fund redemptions. After the collapse of Lehman Brothers during the financial crisis in 2008, spreads on European investment grade debt took 45 days to double. In March, that doubling took just 19 days, analysts at Bank of America said in a note. Despite central bank pledges of massive economic an Show less Read more
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