LONDON—Investors pumped money into U.S. Treasuries at the fastest pace in nearly two years in the week to Wednesday and yanked funds out of cash, inflation-linked debt, and credit as recession risks rose, BofA’s weekly flow report showed on Friday.
Global equities saw a small $2.2 billion of inflows while investors pulled a massive $79.4 billion from cash and $11.8 billion from bonds, according to BofA which is analyzing EPFR data.
