Investors Flock to Money Market Funds, Pull Back from Bonds and Mixed Assets
- Investors put over $50B into money market funds this past week
- Money market funds added $56.4B, equity funds added $983M
- Tax-exempt bond funds lost $1.5B, mixed assets funds lost $1.2B
- Equity ETFs overall saw inflows of $7.8B, led by SPY and IWM
- Fixed income ETFs had inflows of $3.5B, led by BIL and SHY