U.S.-based bond funds attract $659 mln, lowest in 10 wks -ICI

NEW YORK, April 23 (Reuters) - Investors in U.S.-based mutual funds committed just $659 million to bond funds in the week ended April 16 while continuing to pour cash into stock funds amid reduced demand for low-yielding bonds, data from the Investment Company Institute showed on Wednesday. The net inflows into bond funds, while marking the 10th straight week of new money, were the lowest in those 10 weeks, according to the data from ICI, a U.S. mutual fund trade organization. Stock funds a
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