Elsewhere, at the single country and asset class fund levels, High
Yield Bond Funds recorded their ninth consecutive outflow while Inflation Protected Bond Funds took in fresh money for the 10th time in the 11 weeks, year - to - date.
Not exact matches
High
Yield Bond Funds posted outflows for the 13th time in the past 15 weeks, with the latest redemptions the biggest since early March, while Emerging Markets
Bond Funds recorded their largest outflow since the second week of February.
Yet,
bond investors have only piled on more risk, from
record growth in high - risk, covenant - lite loans to leveraged - loan
funds holding billions in collateral in over-indebted retailers to sustained lows in junk
bond yields.
Yet,
bond investors have only piled on more risk, from
record growth in high - risk, covenant - lite loans to leveraged - loan
funds holding billions in collateral in over-indebted retailers to sustained lows in junk
bond yields.
For the one - week period ending on November 15, 2017, investors withdrew a net $ 4.43 billion from U.S.
funds holding high -
yield bonds (often called junk
bonds)-- the third largest exodus from such
funds on
record.1 The high -
yield market stabilized over the next two days, but the mass sell - off rang alarm bells for some market analysts.
It's managed by David Glancy who established his
record as the lead manager for Fidelity's high
yield bond funds and its leveraged stock
fund.
A year ago,
bond funds suffered
record withdrawals amid hysteria about a sudden increase in benchmark
yields.