Where floating-rate loans and stocks rode higher in March, fixed-income securities trended lower as stronger economic tides pushed up 10-year Treasury yields by 24 bps, to 2.21% on March 31, from 1.97% a month earlier, according to Bloomberg.com and the Federal Reserve.

FORBES: Connect

There are many theories floating around about why this has happened, but the inability to short stocks at a reasonable cost has robbed hedge funds of an integral strategy that distinguishes them from other money management products like mutual funds.

FORBES: Death Of The Hedge Fund Short Seller