According to LSEG data, global bond funds suffered disposals of $3.25 billion on a net basis, compared with $2.29 billion worth of net purchases in the week before.
High-yield bond funds booked $3.11 billion of net selling during the week, the biggest outflow in six months.
Investors also shed $300 million worth of corporate bond funds while pouring about $2.35 million into government bond funds.
Data showed global equity funds experienced a net $10.7 billion worth of outflow, the biggest in a week since Aug. 23.
Data for emerging markets comprising 28,251 funds showed that equity funds’ outflows stood at $3.7 billion, the highest since June 7.
Persons:
Brendan McDermid, outflows, ’ outflows
Organizations:
Reuters, New York Stock Exchange, REUTERS, U.S . Federal Reserve, European Central Bank, Bank of England, Investors, ’
Locations:
New York City, U.S, outflows, outgo