U.S.-based taxable bond funds attract $3 billion in week: Lipper

Illustration photo of a U.S. five dollar note

NEW YORK (Reuters) – Investors poured $3 billion into U.S.-based taxable bond funds during the latest week despite incurring some losses, Lipper data showed on Thursday.

The debt funds attracted cash for the 14th straight week even as the average fund in the category showed negative performance for the first time in six weeks, the data showed.

(Reporting by Trevor Hunnicutt)