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6 months ago
U.S.-based taxable bond funds add cash for 8th straight week -Lipper
February 23, 2017 / 9:54 PM / 6 months ago

U.S.-based taxable bond funds add cash for 8th straight week -Lipper

NEW YORK, Feb 23 (Reuters) - Investors added cash to U.S.-based taxable bond funds for an eighth consecutive week, moving $4 billion into the funds, Lipper data showed on Thursday.

Stock funds in the United States took in $2.7 billion during the week ended Feb. 22, the data showed, marking the funds' fourth straight week netting cash.

Reporting by Trevor Hunnicutt; Editing by Leslie Adler

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