In the Margins

Bond funds see 17th week of inflows

November 2, 2016

By Reuters

Investors poured $3.9 billion into U.S.-based bond funds, Investment Company Institute data shows. This marks the funds' 17th straight week of netting new cash shortly before a major corporate debt selloff. Bonds have been a popular bet this year, pulling in $123 billion from U.S.-based mutual fund investors and $70 billion for exchange-traded funds in that segment through September, according to ICI. Read the original story from Reuters.