U.S. stock funds see third inflow in a row, high yield corp bond funds see record-Lipper

U.S. stock funds see third inflow in a row, high yield corp bond funds see record-Lipper

© Reuters. The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City

(Reuters) – U.S. stock mutual funds took in $8.8 billion in the latest week, marking the third inflow in three weeks, according to Lipper.

U.S. taxable bond funds broke six weeks of outflows, taking in $10.3 billion, while high-yield taxable corporate bond funds drew a record $7.66 billion in the week to Wednesday, Lipper data showed.

Municipal bond funds attracted $833.4 million, while high-yield muni funds attracted $293 million in the week. U.S. money market funds drew $46.8 billion, the seventh straight weekly inflow, Lipper said.

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