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Lots of Funds Seeing Red

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Several short-term corporate bond funds trading at new 2018 highs. Largest corporate bond fund (LQD) at a 59-week high relative to global equities. Lots of big funds trading at new 2018 lows after last week. VanEck Vectors Oil Services ETF (OIH) trading at levels last seen in 2004. Over $2 billion in outflows from Financial Sector SPDR Fund (XLF) this month.

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