U.S. high yield bond volume during 2014's first quarter totaled some $90 billion, the most since the second quarter of 2014, according to S&P Capital IQ/LCD. It is the largest first-quarter tally since the $100 billion in 2012. The volume was due in large part to considerable cash inflows to the asset class, which have totaled a net $9 billion so far this year, according to Lipper. The YTD inflow is despite some $3 billion in outflows during a two week span earlier this month.
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