Money Market funds have seen a significant resurgence, capturing $62.3 billion in inflows after a two-month dip. Equity funds have also rebounded strongly, securing $39.2 billion in net inflows. According to BofA's weekly flow report, there were $8.7 billion into stocks, $7.3 billion into bonds, $3.0 billion into cash, $0.9 billion into gold, and $0.5 billion out of crypto. European stocks experienced $2.1 billion in outflows, the largest in 14 weeks, while tech stocks saw $3.6 billion in outflows, the largest in 16 weeks, reversing a record inflow from the previous week. High yield bonds had outflows of $900 million, the largest in 10 weeks. Emerging market debt saw $800 million in inflows, the largest in three months, and $6.4 billion flowed into emerging market stocks, the largest in 20 weeks. The driving force behind this surge was a staggering $58 billion inflow, according to EPFR data.
HIGH YIELD BOND OUTFLOWS OF $900 MLN, THE LARGEST IN 10 WEEKS - BOFA CITING EPFR DATA
$800 MLN OF INFLOWS TO EMERGING MARKET DEBT, THE LARGEST IN THREE MONTHS, $6.4 BLN TO EM STOCKS, THE LARGEST IN 20 WEEKS - BOFA CITING EPFR DATA.
EUROPEAN STOCKS SAW $2.1 BLN OF OUTFLOWS IN THE WEEK TO WEDNESDAY, LARGEST IN 14 WEEKS BOFA CITING EPFR DATA
TECH STOCKS SAW $3.6 BLN OUTFLOWS IN THE WEEK TO WEDNESDAY, THE LARGEST IN 16 WEEKS, REVERSING RECORD INFLOW PREVIOUS WEEK - BOFA CITING EPFR DATA.
⚠️ TECH STOCKS SAW $3.6 BLN OUTFLOWS IN WEEK TO WEDNESDAY, LARGEST IN 16 WEEKS, REVERSING RECORD INFLOW PREVIOUS WEEK - BOFA CITING EPFR DATA **EUROPEAN STOCKS SAW $2.1 BLN OF OUTFLOWS IN WEEK TO WEDNESDAY, LARGEST IN 14 WEEKS - BOFA CITING EPFR DATA **$800 MLN OF INFLOWS TO…
EUROPEAN STOCKS SAW $2.1 BLN OF OUTFLOWS IN WEEK TO WEDNESDAY, LARGEST IN 14 WEEKS - BOFA CITING EPFR DATA
💡 BofA's weekly flow report notes USD 8.7bln into stocks, USD 7.3bln into bonds, USD 3.0bln into cash, USD 0.9bln into gold, and USD 0.5bln out of crypto. - @Newsquawk on https://t.co/orvmA6Wqwk Full Story → https://t.co/JZnJulLUze https://t.co/vN0hG8IMzX
After a two-month dip, Money Market funds have staged a remarkable comeback, capturing $62.3 billion in inflows🚀 Equity funds rebounded strongly from a slow April, securing $39.2 billion in net inflows. The driving force behind this surge? A staggering $58 billion flowed into… https://t.co/f0oS0HSi7n