World's top debt funds lose billions in coronavirus rout
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NEW YORK/LONDON (Reuters) - Coronavirus has hit the world's biggest debt funds, which have lost billions of dollars in value, Morningstar data shows, while one smaller fund shed half its value in a little over two weeks.Markets have lost trillions of dollars in value over that time at a record-breaking pace, laying bare structural weaknesses after a decade of central bank easy money and fuelling fears of mass fund redemptions.After the collapse of Lehman Brothers during the financial crisis in..