SPIP - Despite An Increase In The 10-Year Treasury Yield During The Week ETF And Fund Investors Pad Bond Fund Coffers
- During the fund flows week, investors continued their search for yield, injecting a net $2.0 billion and $1.9 billion into taxable bond funds (including ETFs) and municipal bond funds, respectively.
- On the taxable side, Short Investment-Grade Debt Funds (+$884 million) attracted the largest draw of net new money of all the classifications.
- Year to date, municipal bond funds (including ETFs) have attracted a net $50.8 billion, a record amount for any first half of the year going back to 1992.
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Despite An Increase In The 10-Year Treasury Yield During The Week, ETF And Fund Investors Pad Bond Fund Coffers