FYI: Investors rediscovered their risk appetite with a vengeance in the last week, as high-yield bond funds posted their biggest net inflow on record and government bond funds their highest outflow in four months, Bank of America Merrill Lynch said on Friday.
Investors poured a "monster" $5.8 billion into high yield funds in the week to March 2, BAML said, the most on record in nominal terms and the highest as a percentage of assets under management since July 2013.
They also pulled a net $2.4 billion from government and Treasury bond funds, the biggest outflow in 16 weeks, it said in its weekly flows report this week titled: "It's Back On in Credit
Regards,
Ted
http://www.reuters.com/article/us-global-markets-flows-idUSKCN0W619I
