With high-yield bond funds suffering the largest redemptions in their history, this week saw gold fund flows soar to their highest in 2016 as buyers took advantage of the lower prices following the same path as George Soros, Stan Druckenmiller, Jana Partners, and Canada’s financial giant CI Financial.
Junk bonds saw the single-biggest daily redemptions in history this last week…
This post was published at Zero Hedge on 05/22/2016.
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