High Yield Bond Funds See First Cash Outflow Since September |
November 07, 2013 | November 2013 Bond Updates |
Retail cash flows to high-yield funds turned negative in the week ended Nov. 6, with a net $879 million withdrawn, according to Lipper, a division of Thomson Reuters. This is the first negative reading in the weekly figure dating back nine weeks, and it wipes out the $753 million inflow last week. |
View more at: http://www.forbes.com/sites/spleverage/2013/11/07/high-yield-bond-funds-see-first-cash-outflow-since-september/ |
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