Global Equity Fund Investors Record First Weekly Outflow in Nine Weeks as Bond Yields Rise
Investors pulled $6.13 billion from global equity funds during the week ending May 20, marking their first weekly outflow since mid-March due to rising bond yields and inflation concerns. The U.S. Treasury's 30-year yield hit a two-decade high of 5.201%, while technology sector funds remained popular with $6.94 billion in inflows.
Topics: bond yields global equity funds inflation concerns investor behavior