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KM Financial Solutions | UPDATE 2-U.S. junk bond funds post 4th-biggest week of outflows ever -Lipper
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UPDATE 2-U.S. junk bond funds post 4th-biggest week of outflows ever -Lipper

16 Nov UPDATE 2-U.S. junk bond funds post 4th-biggest week of outflows ever -Lipper

Posted at 00:15h in News by
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(Adds details on mutual funds and ETFs, table)
By Trevor Hunnicutt
NEW YORK, Nov 16 (Reuters) – U.S. fund investors walloped
high-yield funds with their biggest week of withdrawals since
March, Lipper data showed on Thursday.
The junk bond mutual funds and exchange-traded funds (ETFs)
posted $4.4 billion in net withdrawals during the week ended
Nov. 15, the fourth-largest weekly outflow on record dating back
to 1992.
Several concerns weighed on high-yield markets during the
week

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