Salient to Investors:
Richard Stern at TrimTabs Investment Research said investors withdrew $52.8 billion from bond mutual funds and $8.9 billion from ETFs in June through June 24 .
David Santschi at TrimTabs said before June, bond funds posted inflows for 21 consecutive months.
Individual investors typically own bonds through mutual funds while institutional investors are big buyers of ETFs.
Casey, Quirk & Associates estimates that US investors will move $1 trillion from strategies that are pegged to benchmarks and invest in core fixed-income and government bonds.
Read the full article at http://www.bloomberg.com/news/2013-06-26/u-s-bond-funds-have-record-61-7-billion-in-redemptions.html.
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