Chart: Global bond funds have seen their highest inflow in nine weeks

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Global bond funds received $ 20.85 billion a week, most of it in nine weeks.

The yield on US 5-year bonds, which typically reflects investors’ views on interest rate expectations, has fallen over 6 basis points after hitting a 14-month high on Monday.

Global equity funds also saw $ 10.2 billion in inflows, aided by strong global manufacturing data and falling bond yields.

Tech funds drove inflows into equity funds for the week, with net purchases valued at $ 1.73 billion, the largest in three weeks.

Meanwhile, global money market funds saw net purchases of $ 47.8 billion for the week, with European money market funds alone seeing an inflow of about $ 36 billion as investors became cautious about new lockdowns in some parts of Europe.

Among the commodity funds, precious metals funds faced outflows of $ 642 million, for a ninth straight month in outflows.

Analysis of 23,817 emerging market funds showed that bond funds saw $ 2.5 billion in inflows, the largest in eight weeks, while equity funds rose $ 1.6 billion, a decrease of 35% from the previous week.

Fund flows into global reverse convertibles and money markets

Global equity sector inflows

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Global bond funds flow in the week ending April 7th

Fund flows into EM stocks and bonds

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(Reporting by Gaurav Dogra and Patturaja Murugaboopathie in Bengaluru; editing by Emelia Sithole-Matarise)

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