Reported about 1 month ago
In the week leading up to August 28, U.S. bond funds experienced significant inflows of $9.58 billion, largely driven by investments in government bonds. This surge is attributed to expectations of a Federal Reserve interest rate cut in September amid growing investor caution due to geopolitical tensions. The data revealed a notable $5.42 billion inflow into U.S. government bond funds, marking the highest weekly net purchase since October 2023.
Source: YAHOO