US Blue-Chip Bond Funds See $5.3 Billion Outflow, Most in a Year

US investment-grade bond funds posted their largest weekly outflows in about a year, as rising macroeconomic risk produced meaningful losses for the asset class. The move reflects a shift to risk-off positioning among investors and could pressure IG bond prices, weigh on demand and push yields and credit spreads wider in the near term.

Analysis

US investment-grade bond funds posted their largest weekly outflows in about a year, as rising macroeconomic risk produced meaningful losses for the asset class. The move reflects a shift to risk-off positioning among investors and could pressure IG bond prices, weigh on demand and push yields and credit spreads wider in the near term.