Weekly flows from BofAML
1. Cash: biggest 13-week flows into MMFs since Jan’09 ($319bn)
2. ICI money market fund assets ($3.4tn) at 10-year high.
3. Weekly flows: $16.0bn into bonds; $4.7 out of equities.
4. Bonds: 9 biggest ever inflows to govt bonds ($4.7bn).
5. Credit: 5 biggest ever IG inflows ($10.7bn), tiny into HY ($0.2bn), small out…[Read more]