U.S. junk funds report $104.8 mln weekly outflows


NEW YORK, July 29 (Reuters) - Investors pulled a net $104.8 million of cash out of U.S. junk bond mutual funds in the week ended July 27, AMG Data reported late on Thursday. This was the third straight week of net outflows and the fifth week of outflows in the last seven weeks, according to AMG data. Investors pulled a net $52.5 million of cash out their junk funds in the prior week.

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