Key insights
- Investors bought the dip in stocks and bonds, with significant inflows into U.S. equities. Energy funds continued to see inflows, while gold experienced outflows. High yield saw the largest outflows since April 2023, and emerging markets saw outflows in both debt and equity. Overall, the data suggests a risk-on sentiment despite geopolitical concerns.
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.