Investors Queued up for US High-Yield Bond Funds as Rate Cut Hopes Grow
June 6, 2024
By Patturaja Murugaboopathy (Reuters) – U.S. high-yield bond funds enjoyed the biggest inflows of the year in May, driven by the allure of higher yields, potential for price appreciation amid anticipated Federal Reserve rate cuts, and diminishing corporate credit risks. According to LSEG Lipper data,
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