U.S.-based Treasury bond funds attract fourth straight week of inflows: Lipper

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U.S.-based Treasury bond funds attract fourth straight week of inflows: Lipper

(Reuters) – Investors’ aversion to risk-taking intensified in the latest week, stemming from trade tensions between the U.S. and China as well as Mexico, with U.S.-based domestic equities funds posting $10 billion of cash withdrawals, according to Refinitiv’s Lipper research service on Thursday.

Investors sought shelter in money market and Treasury funds. U.S.-based government-Treasury bond funds attracted more than $6.77 billion of inflows in the week ended Wednesday, their fourth straight week of inflows, Lipper said.

Reporting By Jennifer Ablan; Editing by Susan Thomas