The Great Rotation: Caution Reigns Supreme in US Equity Funds U. S. equity funds experienced their second weekly outflow in nine weeks, with a staggering $12.
05 billion divested from these funds in the week ending May 20. This marks the largest net sales since mid March's $24. 52 billion exodus.
The recent surge in long term borrowing costs has likely contributed to this shift in investor sentiment. The 30 year U. S. Treasury yield has climbed to 5.