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the week ending October 11, money market funds witnessed their largest outflows on record, with $108.9 billion being withdrawn, according to Bank of America strategists.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.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más: