U.S. fund investors pull most cash from 'junk' in 2 months -Lipper

By Kitco News / January 18, 2018 / www.kitco.com / Article Link

NEW YORK, Jan 18 (Reuters) - U.S. fund investors pulled $3.1 billion from high-yield "junk" bonds during the latest week, Lipper data showed on Thursday, offering new warning signs about risk appetite despite global markets' continuing triumph.

The withdrawals - from mutual funds and exchange-traded funds during the week ended Wednesday - mark the largest of any week since November, according to the research service.


(Reporting by Trevor Hunnicutt; Editing by Leslie Adler)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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