Key facts
- US equity funds attracted $13.01 billion in inflows in the week ended Oct. 14.
- Technology sector funds recorded net outflows of $5.21 billion.
- The US 10-year Treasury yield fell 26 basis points from a 24½-year high.
- US large-cap equity funds attracted $16.55 billion.
- US bond funds attracted $6.45 billion in net inflows.
- Money market funds saw outflows of $45.93 billion.
US equity funds attracted $13.01 billion in inflows in the week ended October 14, reversing outflows from the prior week. This renewed demand was supported by a decline in US 10-year Treasury yields from recent peaks and anticipation of a strong corporate earnings season. However, the technology sector experienced outflows totaling $5.21 billion, its largest weekly divestment since June 24, amid concerns over rising debt levels. US large-cap equity funds were a significant contributor to the inflows, while US bond funds also continued to attract assets for a 26th consecutive week. Conversely, money market funds saw substantial outflows as investors shifted capital.