LONDON, March 20 (Reuters) – Investors took advantage of the drop in stock and bond prices in the latest week to snap up both, even though a steep rise in energy prices on the back of the war in the Middle East rattled sentiment, according to Bank of America Global Research on Friday. Investors poured […]
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Investors buy the dip in both stocks and bonds, BofA says
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LONDON, March 20 (Reuters) – Investors took advantage of the drop in stock and bond prices in the latest week to snap up both, even though a steep rise in energy prices on the back of the war in the Middle East rattled sentiment, according to Bank of America Global Research on Friday.
Investors poured $62.2 billion into stocks, $23.5 billion into cash, $10.2 billion to bonds, and $1.0 billion into crypto, while pulling $4.5 billion from gold, the bank said, citing data from EPFR.
* Gold funds logged their largest weekly outflow sinceOctober, while energy funds logged a 17th straight week ofinflows, with another $1.1 billion in the latest week, as oiland gas prices have surged. * U.S. equity funds pulled in $47.1 billion, the biggestweekly inflow since December. * Junk bond funds posted a weekly outflow of $5.2 billion,the largest since April 2025 * Emerging market funds saw outflows for both debt, with anoutflow of $3.3 billion, and equities, with an outflow of $4.8billion.
(Reporting by Amanda Cooper; Editing by Alun John)