February 15, 2018 / 10:06 PM / 6 months ago

U.S. 'junk' bond funds hit by 2nd biggest cash withdrawals -Lipper

NEW YORK, Feb 15 (Reuters) - Investors pulled $6.3 billion from U.S.-based funds invested in "junk" high-yield bonds during the latest week, the second-biggest weekly withdrawals on record, Lipper data showed on Thursday.

The data covers the week ended Feb. 14.

Reporting by Trevor Hunnicutt Editing by Matthew Lewis

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