Treasuries witnessed biggest outflow since March 2016: Lipper - Reuters

Omkar Godbole FXStreet Contributor

Investors dumped US Treasuries last week, pulling most cash from the market since March 2016, Lipper data showed on Thursday.

The US-based mutual funds and exchange-traded funds (ETFs) invested primarily in Treasury bonds witnessed an outflow of $1.7 billion during the seven-day period through Oct. 3, according to the Refinitiv research service.

The data indicate growing fears among investors that rising inflation may force the Fed to push rates above the neutral level.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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