DUBLIN: Investors pulled about US$6.8bil from high-yield bond funds last week, the third-biggest outflow on record, as investor jitters about the sustainability of yields at multi-year lows caused a selloff in risk assets.
Emerging-market bond funds lost US$100mil, their biggest outflow in 42 weeks, Bank of America Merrill Lynch said in a research note, citing EPFR Global fund flow data.
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