AGG, CRCD: Big ETF Outflows

23,600,000 units of the iShares Core U.S. Aggregate Bond ETF (AGG) were destroyed, a 1.7% week-over-week decline, the largest outflow among ETFs covered by ETF Channel. The data points to measurable net selling of core U.S. aggregate bond exposure over the past week, suggesting modest investor repositioning away from broad bond-market exposure.

Analysis

23,600,000 units of the iShares Core U.S. Aggregate Bond ETF (AGG) were destroyed, a 1.7% week-over-week decline, the largest outflow among ETFs covered by ETF Channel. The data points to measurable net selling of core U.S. aggregate bond exposure over the past week, suggesting modest investor repositioning away from broad bond-market exposure.