KM Financial Solutions | Funds look past 3 pct U.S. yield to pump $11.9 bln into stocks-BAML
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Funds look past 3 pct U.S. yield to pump $11.9 bln into stocks-BAML

Funds look past 3 pct U.S. yield to pump $11.9 bln into stocks-BAML

LONDON, May 18 (Reuters) – Investors pumped $11.9 billion
into global equities in the past week and also put money into
bank loans, likely viewing the rise in U.S. bond yields as
reflecting a robustly growing economy, Bank of America Merrill
Lynch said on Friday.

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