U.S. bond funds post record outflows as coronavirus threatens liquidity

Investors pulled $114.4
billion out of mutual funds and exchange-traded funds that hold
U.S.-based debt, the largest retreat on record and more than six
times the previous high, according to data released Wednesday by
the Investment Company Institute.
The pullback came amid rising concerns in the bond market
over liquidity and the ability of corporations to repay their
debt due to the economic shock of the coronavirus pandemic. Over
th