UPDATE 1-U.S. 'junk' bond funds take in most weekly cash since 2016 -Lipper
April 19, 2018 at 19:05 PM EDT
(Adds details on funds, byline, table) By Trevor Hunnicutt NEW YORK, April 19 (Reuters) - Investors stormed back into the market for the riskiest corporate debt during the latest week, Lipper data showed on Thursday, pumping the most cash into U.S.-based, high-yield bond funds in over 16 months. The resurgence in demand for high-yield bonds, which carry low credit ratings and are seen as speculative investments, bodes well for stocks still in the early days reporting their quarterly