Economy & Finance

U.S.-based taxable bond funds attract $3 billion in week: Lipper

Published 7 years ago7y ago • Bookmarks: 6

A U.S. five dollar note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration

Investors poured $3 billion into U.S.-based taxable bond funds during the latest week despite incurring some losses, Lipper data showed on Thursday.

NEW YORK Investors poured $3 billion into U.S.-based taxable bond funds during the latest week despite incurring some losses, Lipper data showed on Thursday.

The debt funds attracted cash for the 14th straight week even as the average fund in the category showed negative performance for the first time in six weeks, the data showed.

(Reporting by Trevor Hunnicutt)

Source: http://www.reuters.com/article/us-investment-mutualfunds-lipper-idUSKBN19D2TE

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U.S.-based taxable bond funds attract $3 billion in week: Lipper

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