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Funds
Investors pull cash from high yield bond funds, reports FT
Monday, February 15, 2010
Citing data from Lipper FMI, the Financial Times reports that US high yield bond funds have seen the biggest weekly outflow of funds since September 2005. The article says that in the week ending Wednesday (10 February) there was a net outflow of $984 million from high yield bond funds and ETFs.
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CFlux secondary
CLO index levels:
| Index | 6 Feb |
|
| CFlux USD AAA | ↑ | 94.9 |
| CFlux USD AA | ↓ | 81.3 |
| CFlux USD A | ↓ | 75.0 |
| CFlux USD BBB | ↑ | 74.8 |
| CFlux USD BB | ↑ |
72.1 |
| CFlux USD EQ | ↑ | 67.6 |
