Global Equity Funds Draw 20B as Yields Ease

Global equity funds attracted twenty billion dollars in net purchases for a fourth straight week as Treasury yields pulled back from recent highs. Investors also pinned their hopes on the early stages of a strong earnings season.

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FILE PHOTO: A Wall Street sign is seen in Lower Manhattan in New York, January 20, 2016.

Global equity funds drew $20.01 billion in net inflows through October 14, marking a fourth straight week of gains as Treasury yields retreated. This surge far outpaced the $1.59 billion recorded in net purchases during the previous week, per LSEG Lipper data. Investors capitalized on falling yields and anticipated strong corporate earnings heading into the reporting season.

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