US equity funds draw inflows as Treasury yields ease
US equity funds attracted 13.01 billion dollars in inflows as Treasury yields eased from recent peaks. Investors anticipated a strong corporate earnings season despite tech sector outflows.
United States equity funds drew $13.01B in net inflows during the week ending October 14, reversing $5.1B in outflows. The rebound follows falling Treasury yields and rising corporate earnings expectations. Technology sector funds bucked the trend, shedding $5.21B as debt concerns weighed on sentiment.
