From Investing.com: 2024-04-05 07:58:02

Money-market funds (MMF) saw the largest inflow in 13 weeks, securing $81.8 billion last week. On an annualized basis, these funds are on track to amass $1.2 trillion this year. Tech funds drew $1.1 billion, while materials sector enjoyed an eighth week of inflows at $0.7 billion.

The current bull market trend remains “anything but bonds,” with strong performances across various markets. US recorded its second week of inflows at $7.1 billion, while emerging market stocks saw their largest inflow in two months at $3.8 billion. Japan marked its 12th week of outflows at $1.2 billion.

In the fixed income market, investment-grade bonds had their 23rd consecutive week of inflows at $9.7 billion. High-yield bonds attracted $1.3 billion, Treasury bonds saw $2.1 billion of inflows for the eighth week, and emerging market debt welcomed its first inflow in eight weeks at $300 million. Bank loans recorded their largest influx since April 2022 at $1.3 billion.



Read more at Investing.com: Money market funds saw the biggest inflows in 13 weeks last week, BofA says By Investing.com