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Tariffs Hit Bond Mkt; US High-yield Bond Funds Suffer Record Divestment by Investors
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Investors are divesting US funds holding high-risk bonds and loans at a historic pace amid fears that US President Donald Trump's tariff policies will hit the economy hard, according to foreign media. For the week ended Wednesday (9th), investors withdrew US$9.6 billion from US high-yield bond funds and US$6.5 billion from leveraged loan funds, according to Lipper's data. JPMorgan's data shows that both figures were the highest outflows on record. AAStocks Financial News |
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