Reported about 1 month ago
Global bond funds experienced their largest weekly inflow in six weeks, totaling $17.69 billion, driven by increased investments in government bonds as investors anticipate a Federal Reserve rate cut in September and respond to ongoing geopolitical tensions in the Middle East. U.S. bond funds accounted for $9.58 billion of this total, while European and Asian funds also saw substantial net purchases. Additionally, high-yield bond funds attracted $2.73 billion, and global money market funds extended their purchases for the fourth consecutive week.
Source: YAHOO