January 17, 2025 17:00 GMT
CREDIT MACRO: Fund Flows
CREDIT MACRO
- Fund flows to Wednesday continued at a mild pace into $IG/HY and €IG. Last weeks flat flows for €HY turned into small outflows this week while floating exposed US lev. loans continued its run of $1b+ inflows. More timely dollar-ETF flows are showing a small skew to inflows.
- US govvies with large inflows and Euro govvies with milder inflows are unchanged trends from last week.
- US equities continue to see firm inflows, Chinese equities who saw strong inflows return last week, reversed back to mild outflows this week.
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