EPFR

Global investors yanked almost $26 billion out of cash funds over the last week and piled $17.6 billion into bonds, another $8.6 billion into stock markets, and the third-highest amount on record into mortgage-backed securities. “(The)…

Investors stormed out of bonds, equities and every other major asset class this week and piled a record $136.9 billion into cash, according to BofA’s weekly flow data, as panic about the spreading coronavirus wiped trillions of dollars off…