Funds pressured by very low yields on European government bonds.
By Katie Linsell, Bloomberg|April 03, 2013 at 04:48 AM|Originally published on Treasuryandrisk.Com
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Investors in Europe risk losing a haven as Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley break a taboo that’s stopped 88 billion euros ($113 billion) of money-market funds from ever losing principal.