Junk ETF Posts Biggest Weekly Outflow in Seven Months: Chart

Investors pulled $1 billion from the world’s biggest high-yield debt exchange-traded fund last week, the biggest redemption since May. That puts it on course for its worst year of outflows on record. Funds that track Treasuries continued to post inflows, showing that traders may be switching from riskier U.S. corporate debt to government bonds.

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