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Daily Digit: $15.1b Taxable Bond Fund Outflows

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Daily Digit: $15.1b Taxable Bond Fund Outflows
AIRED:
Today's daily digit is $15.1 billion. That's the amount of money investors have pulled out of taxable bond funds and exchange-traded funds over the past three weeks according to Thomson Reuters' Lipper. The outflows come in the wake of Fed Chairman Ben Bernanke's comments going back to May that the Fed could begin winding down its stimulus this year - if the U.S. economy maintains its momentum. It's the first three-weak losing streak since August of 2011.moreless
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