August 15, 2019 / 7:39 PM / 2 months ago

U.S. Treasury, investment-grade and money funds attract $15 bln in risk-aversion week

Aug 15 (Reuters) - Investors rushed into their favorite safe-haven assets such as Treasuries, investment-grade corporate bonds and money markets funds in the latest week that was marked by rising tensions due to the U.S. trade war with China and a global economic slowdown.

U.S.-based money-market funds attracted roughly $10.6 billion of inflows in the week ended Wednesday, the second straight week of inflows, according Refinitiv’s Lipper on Wednesday. (Reporting by Jennifer Ablan; Editing by Lisa Shumaker)

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