SPTL - U.S. Weekly FundFlows Insight Report: During The Midterm Election Week Bond ETFs Attract A Net $3.7 Billion While Conventional Bond Funds Hand Back $4.5 Billion
Summary
- The U.S. equity and bond markets remained volatile during the fund-flows week as investors awaited the October employment figures, midterm election results, and the October consumer price index report due out later in the week.
- U.S. stocks closed higher on Friday, November 4, as investors assessed a better-than-expected October nonfarm payrolls report.
- For the twelfth consecutive week, taxable bond funds (ex-ETFs) witnessed net outflows - handing back $4.5 billion this past week - while posting a 0.01% market gain on average for the fund-flows week.
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U.S. Weekly FundFlows Insight Report: During The Midterm Election Week Bond ETFs Attract A Net $3.7 Billion, While Conventional Bond Funds Hand Back $4.5 Billion