Global Long-Term Bond Funds See $4.7 Billion Weekly Outflow
The week ending March 25 marked the second-largest recorded outflow for global long-term bonds, while high-yield corporate bonds extended their streak to a third straight weekly move.
Summary
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Terms & Concepts
High-yield corporate bonds: Corporate debt issued by lower-rated borrowers that offers higher interest payments to compensate for greater default risk.
Fund outflows: Net investor withdrawals from an investment fund, often used as a signal of changing market sentiment and risk appetite.