NEW YORK, Jan 31 (Reuters) - U.S. junk bond mutual funds lost a net $648.9 million of cash in the week ending Wednesday, the most in four months, as investors worried about a possible war with Iraq favored safer securities. The weekly outflow, reported by AMG Data Services of Arcata, California, is the second in a row, following inflows in 13 of the prior 14 weeks. It is the largest outflow since the funds lost $1.4 billion in the week ending Sept. 25. Fund flows are considered a good ...
Premium Content (PAID Subscription Required)
"US junk bond funds lose $649 mln, most in 4 months" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642