Global investors committed $2.11 billion to bond funds in the latest week after pulling a record $23.3 billion out of the funds the prior week, data from EPFR Global showed on Friday.
Funds that hold high-yield “junk” bonds gained $384 million in new cash in the week ended July 3, recovering from record outflows of $6.8 billion the prior week. Emerging market bond funds, meanwhile, suffered outflows of $956 million over the week, an improvement from record-high outflows of $5.6 billion the prior week.
The inflows into bond funds overall in the week ended July 3 came as three U.S. Federal Reserve policymakers sought to downplay the notion that the central bank would end its accommodative monetary policy any time soon.
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