Money market funds had the largest outflows on record

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Money market funds had the largest outflows on record - BofA

During the week ending October 11, money market funds witnessed their largest outflows on record, with $108.9 billion being withdrawn, according to Bank of America strategists.

Strategists note that a surge in yields above 5% or oil prices exceeding $100 per barrel could impact the potential for a rally in oversold assets. In a regional breakdown of equities, the United States had inflows of $300 million, while emerging markets saw their second consecutive week of outflows at $600M. Japan recorded outflows of $900M, and Europe marked its 32nd consecutive week of outflows, with $1.9B leaving the region.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 450. in BE

Belgique Dernières Nouvelles, Belgique Actualités