Barrons’ Michael Aneiro writes: I’d written earlier today
that it’s been a bad week and a bad month for junk bonds, and it seems
investors noticed too, as they pulled a single-week record $4.6 billion from
high-yield mutual funds and exchange-traded funds, per just-released weekly
data from Lipper. The breakdown shows $3.2 billion coming out of mutual funds
and $1.4 billion coming out of high-yield ETFs. A week ago the same funds had
seen $875 million in net outflows….
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