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June kicks off with record setting inflows for Bond Funds

The week ending June 3 saw EPFR-tracked Money Market Funds record their biggest outflow since the second week of January. But, rather than chase rallying equity markets, investors have shifted their focus to fixed income groups. They steered over $30 billion into all Bond Funds – a new weekly record – with High Yield Bonds posting their second largest inflow since EPFR started tracking them and US Bond Funds their biggest in over 17 years.

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