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Explained in plain English

Why do people withdraw funds?

People withdraw funds for many reasons, from needing cash for a big purchase to wanting to move their money into a different investment. Sometimes, as in our story, a large withdrawal might just be a transfer between funds, not a true exit from the market. This can make the overall picture look quite different.

Stories that explain this

One $7.1B trade skewed US bond market data. Here's why.

Questions this opens up

Why do bonds lose value? What are interest rates? Who manages bond funds?

Related explainers

What are fund withdrawals? What are investment-grade bonds? Who is Lipper? How does market data get skewed? Why airports fund buses How do clubs fund transfers? How do clubs honour people? What is a 'common people'?

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