Investors Overstretch Virtually Money Of 2016 From U.S. Nonexempt Bond Funds -Lipper

Investors force almost money of 2016 from U.S. taxable draw together pecuniary resource -Lipper
By Reuters

Published: 23:08 BST, 16 June 2016 | Updated: 23:08 BST, lanciao 16 June 2016









e-mail



NEW YORK, June 16 (Reuters) - Investors pulled $3.1 1000000000 from U.S.-founded taxable Bond cash in hand in the calendar week that over June 15, Lipper information showed on Thursday, delivering funds that get been pop this twelvemonth their largest withdrawals since Dec.

Stock finances also sank, with investors pulling $3.4 jillion from those listed in the United States, the information showed, adding to a selloff of the monetary resource that has lasted about of this twelvemonth. Investors withdrew $13.6 jillion from relatively low-peril money-market pecuniary resource. (Reporting by Trevor Hunnicutt; Editing by Leslie Adler)