April 12 - U.S. equity funds witnessed outflows for a second successive week in the seven days to April 10 as investors weighed the possibility of the Federal Reserve keeping rates higher for longer following recent robust readings on inflation and U.S. payrolls.
By segment, U.S. large-cap funds faced $5.28 billion worth of net selling, the sharpest since January 10. U.S. mid-cap funds also had $506 million in outflows but small-, and multi-cap funds received $1.92 billion and $1.43 billion, respectively in inflows. By contrast, U.S. bond funds garnered about $6.25 billion in net purchases during the week, extending inflows into a third successive week.
U.S. short/intermediate government & treasury, and loan participation funds also witnessed $1.54 billion and $663 million worth of net purchases, respectively.
Source: Financial Digest (financialdigest.net)
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