Reported 4 months ago
According to Bank of America, global investors have invested $3.6 billion into investment grade corporate bond funds, marking the 31st consecutive week of inflows, the longest streak since 2019. Rising global interest rates have increased corporate bond yields, attracting buyers with hopes of future price rallies. Despite inflation concerns and higher interest rates, investment grade bonds have seen a 1.7% decline this year, while government debt dropped 5.6%. Emerging market debt saw outflows, with investors shifting funds from cash to stocks and crypto.
Source: YAHOO