Investors buy the dip in both stocks and bonds, BofA says

Kitco Media
By Reuters
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Reuters
Investors buy the dip in both stocks and bonds, BofA says  teaser image

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.

Reporting ​by Amanda Cooper; Editing by Alun John

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