UPDATE 1-Outflows from U.S. bond funds set weekly record as money market funds swell -Lipper
25 Mar UPDATE 1-Outflows from U.S. bond funds set weekly record as money market funds swell -Lipper
Posted at 22:05h
in
News
by KMFSLLP
U.S.-based taxable bond funds saw a
record $62 billion outflow in the last week, while money also
fled stock and municipal bond funds as investors shaken by the
impact of the coronavirus outbreak on financial markets moved
into cash, according to Lipper data.
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