Investors shed U.S. Treasuries and snap up stocks and cash – 2024-02-02

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LONDON (Reuters) – Investors ploughed $20.1 billion into stocks in the week to Wednesday, and $15.2 billion into cash, according to a report from Bank of America citing data from EPFR.

They snapped up $5.9 billion of bonds but sold $800 million of gold, while the weekly outflow of $3.6 billion from U.S. Treasuries was the largest in seven weeks.

Treasury inflation-protected securities got their biggest inflow since July 2023 of $300 million.

(Reporting by Lucy Raitano, editing by Alun John)

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