23 Hrs
Source:
المشهد العربي
American mortgage funds see six-year withdrawal peak
In September, U.S. mortgage funds experienced an unprecedented capital outflow not seen in six years, with withdrawal volumes reaching $2.4 billion. This was the highest level since March 2020, driven by disruptions caused by the sharp rise in bond yields and expectations of the Federal Reserve raising interest rates to curb inflation.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)