Friday, June 8, 2007

US junk bond funds report $167 mln net inflow -AMG

(Reuters) - Funds reporting monthly saw a $1.07 billion net inflow for
the month ended Wednesday, pushing total net inflows
year-to-date to nearly $5.5 billion.




Junk bonds, which are rated below investment grade because
of their default risks, had performed well this year before
rising interest rates sparked a sell-off of risky assets this
month.


Read more at Reuters.com Bonds News

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