Skip to content
Subscriber Only
Brian Chappatta

Bond Markets Are Veering Into a Vicious Cycle

Unprecedented mutual-fund outflows will exacerbate the stampede out of corporate and municipal debt already set in motion by the coronavirus outbreak.

The run is just beginning.

The run is just beginning.

Photographer: Ander Gillenea/AFP/Getty Images

My first thought when seeing fixed-income fund flows this week? This must be a typo.

My second thought (that’s suitable for print)? This is going to get ugly.