data from 26 countries, the yield spread between 30-year and 10-year government bond yields is negatively related to the … destabilizing impact on bond markets that reverses once rules are changed …

We make use of a unique dataset of SEC Form N-SAR filings to examine the gross flows of U.S. bond funds. We find that …, we see that, like equity funds, bond fund investors chase returns. Most of the return chasing is done by inflows. Funds … nearly 0.6% in assets per month. Next, we find that positive net flows cause bond funds to diversify their holdings …

on mutual fund managers when bond prices drop, ex-post. Empirical evidence supports this hypothesis. Fund inflows to …