Tags: US | Bond | Funds | Redemption

US Bond Funds Suffer 2nd-Biggest Redemptions Since 1992

Thursday, 06 June 2013 08:24 PM

U.S. bond funds suffered their second-worst withdrawals last week in more than two decades after global bond markets slumped in May.

Investors pulled $9.1 billion from fixed-income mutual funds and exchange traded funds in the week ended June 5, Denver-based Lipper said in an e-mailed statement. That’s the second-biggest redemptions for a week since the company started tracking the data in 1992.

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U.S. bond funds suffered their second-worst withdrawals last week in more than two decades after global bond markets slumped in May.
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2013-24-06
Thursday, 06 June 2013 08:24 PM
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