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%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

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the week ending October 11, money market funds witnessed their largest outflows on record, with $108.9 billion being withdrawn, according to Bank of America strategists.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

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 450. in BR

Brasil Últimas Notícias, Brasil Manchetes