U.S. Junk Bond Funds to Add Another $6 Billion as Appetite Grows
- Investor demand may lead to third-biggest inflow on record
- Five of the top 10 weeks for inflows have occurred this year
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Investors’ insatiable appetite for junk bonds is growing as retail funds are expected to add about $6 billion for the week ending May 27 -- the third-biggest amount on record and the ninth straight week of inflows.
JPMorgan Chase & Co. analysts reported the figure in a note on Thursday, citing Refinitiv Lipper data. Final numbers are expected later on Thursday.