Investors with a willingness to take more of a risk in search of higher returns injected extremely high levels of cash into the U.S. junk bond market in the week ending June 4, Reuters reports. The inflow was at near-record levels.

According to AMG Data Services, U.S. based junk bonds pulled in $1.45 billion dollars in cash, the category’s third-largest-selling week.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.