U.S. taxable bond funds lured a net $8.48 billion last week, the 44th straight inflow and the biggest since June 2015, when conversions of other products into mutual funds produced a record $16.8 billion addition, Investment Company Institute data show. Excluding that 2015 data point, last week’s inflow was the biggest in five years. The bulk ($4.19 billion) went to investment grade funds, with global ($1.93 billion) and multisector ($1.48 billion) accounting for most of the rest.
Source: Bloomberg Pro Terminal
Trader Bozhidar Arabadzhiev
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