| Investors dumped exchange-traded funds that invest in bonds ahead of today’s Federal Reserve statement on concern officials would get closer to raising interest rates. Investors pulled $6.1 billion this month from bond ETFs through March 16, or 1.9 percent of total fund assets, according to TrimTabs Investment Research data.
If withdrawals continue at that pace it would surpass the record $8.6 billion monthly outflow those funds recorded in June 2013, after the Fed signaled when it might start winding down its bond-buying program...............................................Full Article: Source
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