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US mutual funds attract $5.46 billion in net deposits

US mutual funds attracted $5.46 billion in net deposits last week, reversing $1.55 billion in redemptions in the previous week, as investors put money into bond funds and international stock funds.

Taxable bond funds attracted $2.99 billion and municipal bond funds received $604 million in the week ended June 13, the Investment Company Institute said Wednesday in an e-mailed statement. International stock funds had $1.51 billion in deposits, while domestic stock funds saw redemptions of $620 million.