Investors Pulled $2.3 Bln From High Yield Bond Funds This Week

MarketWatch Pulse

Investors pulled a net $2.3 billion from high yield bond mutual funds and exchange traded funds during the week ended Wednesday, according to Lipper data released Thursday. The outflows come as the junk bond market posted weak performance during the month of September, with the SPDR Barclays High Yield Bond ETF dropping 2.9% on the month. Investors have pulled money from junk bond funds for four of the past five weeks.

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