2012-07-07bloomberg.com

``The deposit rate cut "will almost certainly move cash bids in short-dated instruments into negative territory, and so we have taken the step to restrict subscriptions and switches into the funds in order to protect existing shareholders from yield dilution," JPMorgan said on its website.'' -- An interesting follow-on question is: will this spur institutional investors into gold, silver and other hard assets?



Comments: Be the first to add a comment

add a comment | go to forum thread