Market Currents
Junk bond funds and ETFs stem a 4-week streak of outflows, netting $568M in assets this week,...
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Friday, June 15, 2012, 12:14 PM ETJunk bond funds and ETFs stem a 4-week streak of outflows, netting $568M in assets this week, according to Lipper data. The funds suffered their largest outflow ever - $2.93B - the previous week. Prior to the jitters of the last month, the funds had been investor favorites for 2012. JNK +0.4% YTD while yielding north of 7%.
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