- Investors pulled near-record sums from corporate bond ETFs in February as robust US economic and inflation data fuelled expectations for further rate hikes.
- $8.3bn in net outflows was second-largest exodus on record, exceeded only by an isolated spike in June last year.
- US Treasury funds sucked in a net $10.9bn.
- Karim Chedid: 'credit flow momentum unwound in February'.
- US investors looked to European equity markets, pumping $13.6bn into funds this year.
Investors pull near record sums from corporate bond ETFs
Investment grade and high-yield funds had combined outflows of $8.3bn in February
Steve Johnson
