Investors buy the dip in both stocks and bonds, BofA says
LONDON, March 20 (Reuters) - Investors took advantage of the drop in stock and bond prices in the latest week to snap up both, even though a steep rise in energy prices on the back of the war in the Middle East rattled sentiment, according to Bank of America Global Research on Friday.
Investors poured $62.2 billion into stocks, $23.5 billion into cash, $10.2 billion to bonds, and $1.0 billion into crypto, while pulling $4.5 billion from gold, the bank said, citing data from EPFR.
Gold funds logged their largest weekly outflow since October, while energy funds logged a 17th straight week of inflows, with another $1.1 billion in the latest week, as oil and gas prices have surged.
U.S. equity funds pulled in $47.1 billion, the biggest weekly inflow since December.
Junk bond funds posted a weekly outflow of $5.2 billion, the largest since April 2025
Emerging market funds saw outflows for both debt, with an outflow of $3.3 billion, and equities, with an outflow of $4.8 billion.
