LONDON—Investors ploughed $14.9 billion into cash in the week to Wednesday and snapped up $1.8 billion of inflation protected U.S. Treasuries as markets suffered a major sell off, a round-up by BofA on flow number based on EPFR data showed on Friday.
Fixed income markets attracted the smallest weekly inflow since March at $3.9 billion with investment grade securities attracting just $2.1 billion and both high-yield and emerging market bonds suffering outflow, the BofA report noted.
