Money continues to pour into bond funds and out of equities. This is the fifth week in a row with positive (inflows) into low yielding money market funds. Annual data shown in table 1 below.
Weekly 08/25/2010
- Equity Fund outflows $4.6 Bil
- Taxable Bond Fund Inflows $3.9 Bil
- xETFs - Equity Fund outflows $1.4 Bil
- Taxable Bond Fund Inflows $2.9 Bil
Fund Flow Totals for 2010 through 8/25/10
Table 1 | AMG Fund Flows for Full Year - $B | ||
Fund Flows for | Equity | Tax Bond | MM Fund |
2003 | 40.8 | 40.7 | NC |
2004 | 95.0 | 11.3 | (64.3) |
2005 | 71.9 | 9.3 | 89.0 |
2006 | 52.5 | 29.9 | 308.3 |
2007 | 111.3 | 68.8 | 569.5 |
2008 | 3.5 | (3.3) | 608.0 |
2009 | 6.0 | 172.0 | (280.2) |
2010 | (23.6) | 110.2 | (379.4) |
- NC = Data Not Compiled
- += Some data points for Money Market Fund flows between March 2010 and July 14, 2010 are missing but the overall trend is clear.
- Raw data from AMG Weekly Fund Flows Data
10-YEAR TREASURY NOTE
TNX (in %)
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