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SPHY: Large Outflows Detected at ETF

Source: Nasdaq

Credit & Bond MarketsMarket Technicals & FlowsInvestor Sentiment & Positioning

The State Street SPDR Portfolio High Yield Bond ETF (SPHY) recorded an approximate $144.2 million outflow, equal to 1.2% of its shares outstanding week over week, according to ETF Channel. The excerpt provides no broader market context or explanation for the flow.

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