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Junk Jitters: What's Behind the Exodus from High-Yield Bonds? For the one-week period ending on November 15, 2017, investors withdrew a net $4.43 billion from U.S. funds holding high-yield bonds (often called junk bonds) — the third largest exodus from such funds on record.1 The high-yield market stabilized over the next two days, but the mass sell-off rang alarm bells for some market analysts.

December 9, 2017

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