Friday, May 18, 2007

US junk bond funds report inflow in latest week-AMG

(Reuters) - Junk bond funds have attracted about $4 billion in net
inflows year to date, up from $2.7 billion for all of last
year, as strong investment returns attracted investors.




Counting interest and price changes, junk bonds have
returned 4.59 percent year to date, more than double the
returns on other U.S. fixed-income assets, according to Merrill
Lynch data. Treasuries have returned 1.53 percent and
investment-grade corporate bonds have returned 1.89 percent.


Read more at Reuters.com Bonds News

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