scorecardresearchInvestors Flee From Junk Bond Funds Amid $5 Billion Outflow

Investors Flee From Junk Bond Funds Amid $5 Billion Outflow

Updated: 02 Sep 2022, 09:49 AM IST
TL;DR.
Investors withdrew $5 billion for the week ending Aug. 31, according to Refinitiv Lipper data, the second straight week of outflows totaling more than $9.5 billion. US investment-grade bond funds also saw outflows with investors pulling $4.6 billion from mutual funds and exchange-traded funds.
A man stands in front of an electronic quotation board displaying the rate of the Japanese yen against the US dollar in Tokyo on September 2, 2022. - The yen plunged to a new 24-year low against the dollar on September 1 as Japan sticks with its long-standing monetary easing policies in contrast to tightening by the US Federal Reserve. (Photo by Philip FONG / AFP)

A man stands in front of an electronic quotation board displaying the rate of the Japanese yen against the US dollar in Tokyo on September 2, 2022. - The yen plunged to a new 24-year low against the dollar on September 1 as Japan sticks with its long-standing monetary easing policies in contrast to tightening by the US Federal Reserve. (Photo by Philip FONG / AFP)