SaltWire's Atlantic regional weather forecast for October 6, 2023 | SaltWire - U.S. bond funds saw significant outflows in the week ending Oct. 4, driven by concerns about prolonged elevated interest rates, while money market funds garnered substantial inflows as investors recalibrated their risk exposure amid a bond market sell-off.
According to LSEG data, investors offloaded U.S. bond funds worth a net $6.34 billion during the week, the biggest amount since Dec. 21, 2022. Money market funds meanwhile, received about $43.15 billion in inflows, the highest since April 26, 2023. U.S. short/intermediate investment-grade funds booked net disposals of $4.27 billion, the largest weekly outflow since Oct. 2022.
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