Appetite for risk-taking emerges as U.S.-based equity funds attract $4.4 billion

Appetite for risk-taking emerges as U.S.-based equity funds attract $4.4 billion

(Reuters) – U.S.-based equity funds attracted $4.4 billion of inflows in the week ended Wednesday, following two consecutive weeks of cash outflows totaling $34 billion, according to Refinitiv’s Lipper, as the United States and Mexico struck a deal to avert tariffs.

U.S.-based high-yield junk bond funds – which move in sympathy with equity flows – attracted more than $1.7 billion of inflows in the week ended Wednesday, following two straight weeks of cash withdrawals, Lipper said.

Reporting By Jennifer Ablan; Editing by Phil Berlowitz

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