Investors Pour Another $4 Billion Into US High-Grade Bond Funds
US bond investors poured another $4.3 billion of cash into high-grade bond funds in the week ended Wednesday, the eleventh consecutive week of inflows, according to LSEG Lipper, as investors scramble to buy debt still offering decent yields.
The latest inflows into short- and intermediate-term investment-grade bond funds come after January saw the largest monthly inflow in five years at $43.3 billion. The persistent inflows into funds have helped fuel demand for corporate debt sales this year.