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M*: Investors Flee To Fixed Income: Pimco Income Fund Takes In $2.1 Billion In July

TedTed
in The Bullpen
FYI: Long-term funds collected $26.7 billion in July, a drop from June's $46.1 billion. Net flows went overwhelmingly to taxable-bond, municipal-bond, and money market funds. Amid the first Federal Reserve rate cut since 2008, money market funds took in a robust $76 billion. They collected about $202.0 billion over the past three months alone, the strongest three-month stretch in at least 10 years.
Regards,
Ted
https://www.morningstar.com/articles/942478/investors-flee-to-fixed-income
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