US Leveraged Loan Funds See Biggest Weekly Inflows in Two Years
- Funds saw $2.04 billion of inflows in week ended May 8
- Risk assets have benefited from soft data, Fed comments
This article is for subscribers only.
Funds that invest in US leveraged loans took in $2.04 billion of cash for the week ended May 8, as markets received a boost from Federal Reserve Chair Jerome Powell’s recent comments on the central bank’s interest rate path.
The haul of more than $2 billion is the biggest since April 2022 and the fifth largest on record, according to LSEG Lipper data. High-yield and investment-grade bonds also saw notable inflows, coming in at $2.35 billion and $931 million, respectively, according to the data. Flows into high-yield bond funds were the highest since November, the data show.