Investors piled into (almost) everything in the past week: BofA Global
Investors poured funds into both stocks and bonds in the past week, with equities taking in $23.6 billion for the week ending Oct. 16, according to BofA Global.
U.S. investment-grade bond funds and exchange-traded funds attracted about $5.9 billion for the week, while municipal bonds raked in almost $2 billion and money-market funds saw outflows.
Bigger picture, high-yield exchange-traded funds have been a notable hot spot for investors this year, seeing an 15% increase in inflows, based on assets under management. Junk-bond yields have been around 7%.