Financial Services

U.S. fund investors buy short Treasuries at fastest pace in 2 yrs -Lipper


NEW YORK, Nov 23 (Reuters) – Investors poured $2.6 billion into U.S.-based, short-term Treasury funds during the latest week, the most cash in 2-1/2 years, Lipper data showed on Friday.

The sales estimates for U.S. mutual funds and exchange-traded funds during the week ended November 21 show increased risk-aversion by investors. (Reporting by Trevor Hunnicutt)



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