SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (14874)6/3/2004 7:34:29 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Another week of barely perceptible fund in flows, a mere $227 m into domestic funds. The last six weeks had a net outflow in domestic funds of $778m. Leaves one wondering how they can jam a light volume rally like the one seen the last two weeks? Leveraging futures, and more borrowing would be my only conclusion.

Flows: June 2
Independent Data on Fund Flows & Holdings

Equity funds report net cash inflows of $453 million in the week ended June 2 with half going to Domestic funds;

Taxable Bond funds report net cash outflows of -$468 million with outflows from Government Bond funds -($589 Mil) and Flexible funds -($357 Mil) offset by inflows to High Yield Corporate Bond funds of $565 million, the largest to the sector since 10/15/03;

Money Market funds report outflows of -$264 million with inflows to Tax-Exempt MM funds of $2.5 billion offset by outflows from Taxable MM funds of -$2.7 billion;
Municipal Bond funds report net cash outflows of -$95 million.