Charmed by US Tax Plans, Investors Buy Stock, Bond Funds

(Reuters) Investors are showing increasing comfort wading into the markets, lavishing cash on U.S.-based stock and corporate bond funds in the latest week, Lipper data showed on Thursday.

Those stock funds attracted $2.7 billion during the week ended Feb. 22, their fourth consecutive week of inflows, and taxable bond funds took in another $4 billion, the research service’s data showed. The bond funds have gathered money for eight straight weeks.

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