1443 GMT - European-domiciled investments continued to flow into investment-grade credit funds in the week through November 27 as investors chased their higher yields as yields on government bonds fell, Bank of America analysts say in a note. "Inflows have continued uninterrupted into high-grade funds for the 15th week in a row," BofA says. European investors also overall put money into global-focused and U.S.-focused high-yield funds but removed investments from euro-focused high-yield funds, the analysts say. European domiciled equity funds reported net outflows in the period under review, BofA says. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
December 02, 2024 09:43 ET (14:43 GMT)
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