US equity funds post first weekly outflow in three weeks
US equity funds recorded net outflows of $5.11 billion in the week ending October 7 following rising Treasury yields. Meanwhile, bond funds and money market funds attracted strong inflows from cautious investors.
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United States equity funds recorded $5.11 billion in net outflows during the week ended October 7, breaking a two-week streak of inflows as investors locked in profits. The pullback followed a record-setting market rally that drove the S&P 500 to an intraday high of 7,844.52 earlier in the week. The reversal highlights growing investor caution as bond market volatility pushes yields higher and Brent Crude Oil prices remain elevated.
