AMWatch

Scandal follows crisis after 35 bond funds shuttered in Sweden

The liquidity crunch that shuttered 35 bond funds in Sweden last month has revealed some disturbing truths about the country’s credit market.

“It’s reprehensible that some corporate bond funds have marketed themselves as an alternative to savings accounts,” said Frida Bratt, a savings economist at Nordnet Bank AB. Photo: PR / Nordnet Bank

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