US investors extend equity fund sell-off amid rising bond yields

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Key Points

Oct 27 (Reuters) - U.S. investors remained net sellers of equity funds in the week to Oct. 25 driven by higher bond yields and concerns over the Israel-Hamas conflict...

According to LSEG data, investors divested a net $2.69 billion worth of U.S. equity funds in the week, registering their sixth consecutive week of net selling.cs..

Meanwhile, investors sold a net $719 million of U.S. bond funds, a significant decrease from the $3.55 billion net selling in the previous week...

Short/intermediate investment-grade and inflation-protected funds accounted for $1.96 billion and $1.02 million in net selling, respectively..

Government bond funds, on the other hand, received a notable $4.47 billion, a substantial increase from the $929 million in net buying the previous week...

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