Bond Inflow Streak Ends

Bond Inflow Streak Ends

Funds

EM bond funds saw their 21-week, $3.6bn inflow streak come to an end in the week ended September 9, posting outflows of $141.1m, according to EPFR Global. “Given the direction of commodity prices, this may simply be a response to the spike in risk aversion the previous week,” says senior analyst Cameron Brandt, who notes the spread measuring the difference between the EMBI+ and the comparable US Treasury notes has widened noticeably. Performance for EM fixed income as measured by Lipper, however

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