Working Paper

Liquidity Transformation Risks in U.S. Bank Loan and High-Yield Mutual Funds

Abstract: Net assets in open-end (non-money market) mutual funds (MFs) have increased notably over the past decades.

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2019-08-09

Number: 2019-08-09