NEW YORK Jan 10 Investors poured $5.3 billion
into bond funds in the week ended Jan. 8, marking the biggest
flows into the funds since May of last year, data from a Bank of
America Merrill Lynch Global Research report showed on Friday.
Funds that hold government debt, mainly U.S. Treasuries,
attracted $900 million in new cash, marking the biggest inflows
in 18 weeks, according to data from the report, which also cited
data from fund-tracker EPFR Global.
Stock funds posted outflows of $400 million after attracting
$4.4 billion in inflows the previous week. Funds that mainly
hold U.S. stocks posted outflows of $2.2 billion, marking their
first outflows in three weeks, according to data from Bank of
America Merrill Lynch and EPFR Global.
Funds that hold Japanese stocks attracted $1.7 billion in
new cash, marking the largest inflows since May of last year,
while emerging market stock funds posted outflows of $1.3
billion, marking their longest outflow streak in 11 years.