By Barbara Kollmeyer
MADRID (MarketWatch) -- U.S. investors withdrew $8.62 billion from taxable bond funds in the week ended June 26, and aggregate outflows from the group over the past four weeks was the heaviest since October 2008, according to data from Thomson Reuters' Lipper service. The past four weeks has seen net outflows of $23.7 billion from taxable bond funds. Fears that the Federal Reserve will taper its bond-buying program served to drive up yields on 10-year bonds 10_YEAR -0.45% . Yields move inversely to prices. Stock funds and exchange-traded funds had outflows of $6.8 billion over the period, but domestic equity mutual funds ended the week in the black. Lipper said the biggest surprise in the data was net inflows of $84 million from emerging-market mutual funds and ETFs, which follows outflows of $6 billion seen over the previous four weeks.
