October 11, 2019 / 9:07 AM / 12 days ago

"Bearish paralysis" sees $11.1 bln flow into bonds in past week - BAML

LONDON, Oct 11 (Reuters) - A total of $11.1 billion flowed into bond funds in the week to Wednesday as investors left stocks amid a “bearish paralysis” on Wall Street, Bank of America Merrill Lynch said on Friday.

Investors pulled $9.8 billion from equity funds during the week as they remained cautious against an uncertain global backdrop caused by the United States-China trade war, the threat of impeachment against U.S. President Donald Trump, Brexit and the risk of recession, the bank said, citing EPFR data.

Reporting by Tom Arnold; Editing by Andrew Heavens

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