High yield bond funds saw their biggest outflows in nine months in the third week of May, as investors continued to take risk off the table.
Over $3bn was pulled out of high-yield funds over the week, according to EPFR, a data provider.
Investors pull away from high-yield debt
Strong period for high-yield debt funds went into reverse in the middle of May, as investors began slipping risk off the table
Wednesday 30 May 2012 at 17:43
