(Bloomberg) -- Investors pulled $1 billion from the world's biggest high-yield debt exchange-traded fund last week, the biggest redemption since May. That puts it on course for its worst year of outflows on record. Funds that track Treasuries continued to post inflows, showing that traders may be switching from riskier U.S. corporate debt to government bonds.
To contact the reporter on this story: Natasha Doff in Moscow at ndoff@bloomberg.net.
To contact the editors responsible for this story: Samuel Potter at spotter33@bloomberg.net, Cormac Mullen, Cecile Vannucci
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