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Stocks Broke A Record This Week!
Stocks broke a record this week. Despite the increase in global bond yields, there was a record entry in equity funds this week.
Yazar: Elif Dinçer
Yayınlanma: 19 Mart 2021 13:20
Güncellenme: 7 Kasım 2024 17:26
Stocks Broke A Record This Week!
Despite the increase in global bond yields, there was a record entry in equity funds on the week of March 17.
Stocks broke a record this week. Although the rise in bond yields in global markets put pressure on risky assets, there was no negative change in investors' interest in equity funds. So much so that, according to data shared by Bank of America, a record entry was made in equity funds on the week of March 17, despite the increase in global bond yields. While the extremely lax monetary policy continued to increase the risk appetite, $53 billion was invested in US equity funds. With eight rate hikes in return for five rate cuts so far, Bank of America warned that global financial conditions will tighten. Global equity funds have received $347 billion in investment so far this year.İLGİLİ HABERLER
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