(Reuters) - U.S. equity funds saw $7.9 billion in outflows in the last week, the second consecutive weekly drawdown, as bond and money market funds drew money, according to data released by Lipper on Thursday.
U.S.-based taxable bond funds attracted $641 million, the eighth straight week of inflows, while $7.4 billion moved into money market funds in the week through Wednesday, the Lipper data showed.