NEW YORK, Nov 8 (Reuters) - Retail investors yanked $3.2

billion out of emerging market bonds this week, the largest

outflow in 109 weeks, with hard currency funds shedding $2.9

billion, JPMorgan said on Friday.

ETF outflows accelerated to $1.1 billion while non-ETF

outflows shot up to $2.2 billion, the bank said in its weekly

flows report.

Emerging market assets were expected to come under pressure

as some of U.S. President-elect Donald Trump's announced

policies could translate to a stronger dollar and a higher than

anticipated neutral rate from the Federal Reserve.

Higher rates in developed markets attract cash that would

otherwise be deployed in EMs.

In weekly non-resident flows to EM portfolios, local bonds

saw outflows led by Hungary at $677 million and equities also

saw net outflows, with $1.7 billion coming out of India.