Outflows from U.S. bond mutual funds and ETFs have risen to $19.7B in August so far from $14.8B in July, TrimTabs says, making this month's figure the fourth-highest on record. Since the beginning of June, $103.5B has left bond funds, or 2.7% of total assets. The sell-off, which has been prompted by fears of Fed tapering, has sent Treasury yields upwards, with the 10-year hitting 2.871% today, the highest for just over two years.
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