Economy1 hour ago (Mar 04, 2022 08: 51AM ET)
© Reuters. FILE PHOTO: U.S. buck banknotes are displayed on this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration
(Reuters) – U.S. merchants were speeding to speculate in money market funds as the battle between Russia and Ukraine intensified, fuelling worries about inflation and financial enhance.
U.S. money market funds drew a catch $43.21 billion in catch shopping, the ideal weekly influx since Sept. 22.
Graphic: Fund flows: US equities bonds and money market funds: https://fingfx.thomsonreuters.com/gfx/mkt/gdvzybnawpw/Fund%20flows%20US%20equities%20bonds%20and%20money%20market%20funds.jpg
Riskier sources were beneath stress as merchants disposed U.S. equity funds price $1.81 billion, marking a 2nd straight week of outflows.
U.S. enhance-oriented equity funds posted outflows of $4.23 billion, the ideal weekly catch selling in 5 weeks, whereas price funds lost $439 million in catch selling.
Graphic: Fund flows: US enhance and price funds: https://fingfx.thomsonreuters.com/gfx/mkt/lbvgnzwyzpq/Fund%20flows%20US%20enhance%20and%20price%20funds.jpg
Among sector funds, financials had outflows of $2.37 billion, the ideal since no much less than April 2020. Exact estate suffered catch selling price $1.15 billion, whereas tech and industrials lured $0.5 billion each and every, in catch shopping.
Graphic: und flows: US equity sector funds: https://fingfx.thomsonreuters.com/gfx/mkt/zgpomzjlnpd/Fund%20flows%20US%20equity%20sector%20funds.jpg
U.S. bond funds seen catch selling of $2.77 billion, which was as soon as as a eighth consecutive week of outflows.
Investors sold municipal bond funds of $1.83 billion, posting a 35% enhance in outflows, whereas taxable bond funds got minute inflows of about $1 million after facing outflows for seven consecutive weeks.
U.S. quick/intermediate Investment-grade funds faced catch selling for the eighth subsequent week, price $3.73 billion, although inflation-safe funds pulled in $190 million in catch shopping after facing outflows for 5 weeks in a row.
Graphic: Fund flows: US bond funds: https://fingfx.thomsonreuters.com/gfx/mkt/znvnenjobpl/Fund%20flows%20US%20bond%20funds.jpg
Disclaimer: Fusion Media would select to remind you that the recommendations contained on this web pickle is now not basically exact-time nor absolute most practical. All CFDs (stocks, indexes, futures) and Forex prices are now not provided by exchanges however barely by market makers, and so prices could also now not be absolute most practical and can differ from the exact market observe, that contrivance prices are indicative and now not appropriate for Trading capabilities. Therefore Fusion Media doesn`t undergo any accountability for any Trading losses that it’s possible you’ll also incur attributable to the utilization of this data.
Fusion Media or any individual alive to with Fusion Media is now not going to assemble any liability for loss or distress attributable to reliance on the poke within the park including data, quotes, charts and rob/sell signals contained within this web pickle. Please be fully urged regarding the hazards and expenses linked to Trading the financial markets, it’s one in every of the riskiest Investment forms possible.