REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsLONDON, Oct 13 (Reuters) - Investors sold stocks and bought bonds in the week to Wednesday, Bank of America Global Research said in a note on Friday, while investors continued to shun emerging market assets.
Equities had a weekly outflow of $8.2 billion, BofA said, citing EPFR data, while investors favoured the relative safety of bonds, which had inflows of $3.7 billion.
Inflows into Treasuries totalled $7.2 billion, the largest weekly inflow since March 2023, BofA said.
Investors dumped emerging market debt and stocks in the latest week, with outflows from equities at $4.3 billion, their largest weekly outflow since May 2022, BofA said.
The 10-year yield was last at 4.6248%.
Persons:
Brendan McDermid, BofA, Michael Hartnett, Hartnett, BofA's, Samuel Indyk, Amanda Cooper, Jane Merriman
Organizations:
New York Stock Exchange, REUTERS, Bank of America Global Research, Investors, Thomson
Locations:
New York City, U.S, Treasuries