UPDATE 1-High-yield bond funds see lower demand after record rally
May 17, 2013 at 17:10 PM EDT
NEW YORK, May 17 (Reuters) - Investors worldwide cut back on commitments to high-yield "junk" bond funds in the latest week, giving just $100 million to the funds globally after committing over $1 billion the prior week, according to Bank of America Merrill Lynch.