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A photograph of bank notes in the US dollar, Swiss franc, British pound, and Euro was shot in Warsaw on January 26, 2011. Kacper Pempel/Kacper Pempel/Kacper Pempel/Kacper Pempel/ Reuters, July 9 – Investors hurried for protection amid fears that the growing Delta coronavirus type could cause the economic recovery to stop, attracting the largest weekly influx in more than three months. Global bond funds earned $19 billion in inflows in the week ending July 7, according to Refinitiv Lipper data, the highest since the week ended April 7. This week, 10-year Treasury yields fell to a four-and-a-half-month low as investors worried about the economy’s fragility and the threat of high inflation. find out more Global equity funds, on the other hand, received a net inflow of $1.9 billion, the smallest in a month. U.S. stock funds saw a $5.2 billion outflow, while European and Asian equity funds saw $6 billion and $0.3 billion inflows, respectively. Concerns about China’s assault on local IT businesses led to outflows of funds focused on Chinese shares, according to the data. find out more Healthcare and consumer cyclical funds received $550 million and $405 million in equity sector funds, respectively, while financial sector funds suffered their fourth consecutive week of withdrawals. Investors, on the other hand, poured $30 billion into global money market funds, the most in six weeks, highlighting the risk-off mood in the markets this week. Energy funds have had withdrawals for the sixth week in a row, while precious metal funds have seen their largest inflow in six weeks, mainly to a jump in gold prices. Bond funds got a net $838 million inflow, the most in four weeks, according to a review of 23,668 emerging-market funds, while equity funds witnessed outflows totaling a net $40 million for the third week in a row. Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru contributed reporting, and Edmund Blair edited the piece. The Thomson Reuters Trust Principles are our standards./nRead More

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