US High Yield Bond Funds See Shocking, Record $7.1B Cash Outflow |
August 08, 2014 | August 2014 Bond Updates |
Retail-cash outflows from high-yield funds ballooned to a shocking, record $7.07 billion in the week ended Aug. 6, with ETFs representing just 18% of the sum, or roughly $1.28 billion, according to Lipper. The huge redemption blows out past the prior record outflow of $4.63 billion in June 2013. |
View more at: http://www.forbes.com/sites/spleverage/2014/08/07/us-high-yield-bond-funds-see-shocking-record-7-1b-cash-outflow/ |
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