Outflows from U.S. bond funds set weekly record as money market funds swell -Lipper
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 coronavirus on financial markets moved into cash,
according to Lipper data.
record $62 billion outflow in the last week, while money also
fled stock and municipal bond funds as investors shaken by the
impact of coronavirus on financial markets moved into cash,
according to Lipper data.
Posted by Reuters
