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U.S.-based taxable bond funds break five-week outflow streak -Lipper
December 8, 2016 / 10:01 PM / a year ago

U.S.-based taxable bond funds break five-week outflow streak -Lipper

NEW YORK, Dec 8 (Reuters) - U.S.-based taxable bond funds took in $1.1 billion during the most recent weekly period, Thomson Reuters Lipper data showed on Thursday, breaking a five-week streak of outflows.

Investors pulled a net $2 billion from U.S.-based stock mutual funds and exchange-traded funds despite the rally in equities since the U.S. election last month, the data showed. (Reporting by Trevor Hunnicutt; Editing by Meredith Mazzilli)

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