Bond funds worldwide gained $2.11 billion last week after a record $23.3 billion outflow, data from EPFR Global showed. The inflows into bond funds last week came as three US Federal Reserve policymakers sought to downplay the notion that the central bank would end its accommodative monetary policy any time soon. Funds that hold high-yield junk bonds gained $384 million in new cash, recovering from record outflows of $6.8 billion the prior week. Emerging market bond funds, on the other hand, suffered outflows of $956 million, an improvement from record-high outflows of $5.6 billion the prior week. (VIEW LINK)
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