Bloomberg Lisa Abramowicz and Deutsche Bank

Oleg Melentyev Daniel Sorid: For all the talk of Russia economic woes, it actually the bonds issued by some of America most creditworthy companies that have lost ground so far in 2015, according to Bloomberg. In fact, as Bloomberg Lisa Abramowicz reported on Wednesday, prices of U.S. investment-grade bonds have fallen 1.1 percent in the first two days of June alone. Which corporate debt has performed better this year—the U.S. dollar-denominated bonds issued by Russian companies or investment-grade U.S. corporates If you answered Russian ones, well done. Why the lack of love for what was once one of the hottest asset classes around Deutsche Bank strategists Oleg Melentyev and Daniel Sorid have some thoughts. Deutsche Bank notes that retail money has been pouring into intermediate and long-term investment-grade mutual funds at a rate of 20 percent or more per year. In short, they figure that investors may be turning against an asset class that has been booming in recent years. (news.financializer.com). As reported in the news.

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