Reuters: Money News: A cruel, cruel summer for U.S. credit funds

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Reuters: Money News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

A cruel, cruel summer for U.S. credit funds Jul 6th 2013, 03:32 NEW YORK (Reuters) - It's shaping up to be a brutal summer for bond investors as the bloodbath in the U.S. credit market shows no signs of letting up, even as nearly $80 billion has already been wiped from funds.

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