High-Yield Bond Funds See Biggest Inflow Since December 2016
- U.S. junk bond funds received inflows of $3.28 billion
- High-yield bonds on track for best January return in years
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Corporate-bond funds saw inflows this week in another sign credit markets are improving following a selloff in December.
U.S. high-yield funds saw an inflow of $3.28 billion in the week ended Jan. 16, the biggest net increase since December 2016, Lipper data show. This followed an inflow of $1.05 billion last week.