June 29, 2017 / 9:21 PM / 2 months ago

U.S. taxable-bond funds hit by first outflows in 15 weeks: Lipper

NEW YORK, June 29 (Reuters) - Investors pulled $5.5 billion from U.S.-based taxable-bond funds, marking the funds' first withdrawals in 15 weeks, Lipper data showed on Thursday.

U.S.-based stock funds suffered $9.7 billion in withdrawals during the same period, led by the largest outflows for equity mutual funds since December, the research service's data showed.

Reporting by Trevor Hunnicutt

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