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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (5519)	8/30/2002 1:54:40 PM
From: stockman_scott	Read Replies (1) of 89467

US junk bond funds in record $1.56 bln wkly inflow Hey, what's up with that? biz.yahoo.com Reuters Market News US junk bond funds in record $1.56 bln wkly inflow Thursday August 29, 7:20 pm ET By Jonathan Stempel NEW YORK, Aug 29 (Reuters) - U.S. junk bond mutual funds took in a record $1.556 billion of cash in the week ending Wednesday, AMG Data Services said, as a broad spectrum of investors regained confidence in the risky bonds. The net weekly inflow surpasses the previous record of $1.335 billion set in the week ending May 7, 1997, according to AMG, a fund tracker based in Arcata, California. AMG said the funds' asset base swelled by 2.48 percent from inflows alone in the week, also a record. . .

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