U.S. Bond Funds See Record Inflows Last Week, Bond Market Stabilizing
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According to The Kobeissi Letter, U.S. bond funds experienced record inflows last week, reaching about $19 billion. This surpasses the previous record of approximately $14 billion set during the pandemic in 2020. Meanwhile, the 30-year U.S. Treasury yield is down nearly 30 basis points from its peak in April. The U.S. bond market is stabilizing.
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