Investors are pouring cash into US corporate bond funds at the fastest pace in more than three years, signalling a growing appetite for risky assets as markets call the peak in interest rates.
More than $16bn has flooded into corporate bond funds in the month to November 20, data from flow tracker EPFR shows, already a larger net inflow than any full month since July 2020.
The trend has been concentrated mainly in “junk” debt, with $11.4bn flowing into funds investing in these low-grade, high-yield bonds this month. Another $5bn has poured into investment grade funds, which hold better quality corporate debt.
您已阅读15%（614字），剩余85%（3421字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。