U.S.-based bond funds attract $626 mln, lowest in six weeks ? ICI

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U.S.-based bond funds attract $626 mln, lowest in six weeks ? ICI

U.S.-based bond funds attract 6 mln, lowest in six weeks ? ICI
By Sam Forgione NEW YORK, June 3 (Reuters) - Investors in U.S.-based mutual funds committed just 6 million to bond funds in the week ended May 27 after Federal Reserve Chair Janet Yellen was clearer than ever that the central bank was poised to hike rates this year, data from the Investment Company Institute showed on Wednesday. While the inflows marked the sixth straight week of new demand for bond funds, they were the weakest over those six weeks by a wide margin, according to the

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