US Stock Inflows Continue. Blue-Chip Debt Sales Near $800 Billion
If you were wondering -- and I know everyone was edge of their seats -- US equities saw a sixth consecutive inflow over the latest weekly reporting period.
The incremental $4.3 billion to US-focused funds brought the six-week haul to $42 billion, and the YTD net inflow to a little over $103 billion.
Note that US funds (with help from inflows to Indian equities) were solely responsible for the net inflow to global equities this week.
The updated figure above shows the regional breakdown.
Al
I continue to be impressed at the spreads at which IG corporates are issuing debt.