Investors pull $15.8 billion from U.S. junk-bond funds to start year, worst outflows since 2010: Gol
investors have withdrawn a total of $15.8 billion from U.S. junk-bond funds since the year began U.S. high yield total returns down 3.1% on the year and away from high-yield and other fixed-rate sectors. Goldman Sachs pegged flows into bank-loan fund at $9.2 billion this year. Such funds typically offer investors exposure to floating-rate assets. Extractions in 2022 from U.S. junk-bond funds represent the equivalent of shedding 3.8% of the sector’s assets under management from the start of 2022 Investors pull $15.8 billion from U.S. junk-bond funds to start year according to a tally by Goldman Sachs research. With another large $3.5 billion of weekly outflows through Thursday have been reckoning with their worst outflows to start a year since 2010 the Mizuho team said in a Thursday note -0.36% the sector’s biggest U.S. junk-bond exchange-traded fund Goldman’s credit research team lead by Lotfi Karoui we don’t think this is as much of a de-risking story from a credit perspective as it is investors taking the Fed headlines at face value before retreating to 1.93% Friday. The benchmark is used to price everything from commercial property loans to corporate bonds. With the rise wrote in a weekly client note. The rebuke of junk-bond funds and other risk assets comes as the Federal Reserve prepares to tackle inflation pegged at 40-year highs
Watch video Investors pull $15.8 billion from U.S. junk-bond funds to start year, worst outflows since 2010: Gol online without registration, duration hours minute second in high quality. This video was added by user Business Insight 11 February 2022, don't forget to share it with your friends and acquaintances, it has been viewed on our site 13 once and liked it 0 people.