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Commentary

Investors Flip Flop on Bond Funds

With the Fed signaling a slowdown in rate increases, bond investors have decided it's safe to go back into the water.

Kevin McDevitt
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Note: This is an excerpt from the Morningstar Direct U.S. Asset Flows Commentary for February 2019. The full report can be downloaded here.

Long-term flows in February 2019 were a strong $53.5 billion, their best month since January 2018. Money market funds took in a robust $41.3 billion. For the first two months of 2019, long-term flows were $92.7 billion, marking a strong start to 2019. Trailing-12-month inflows were $117.4 billion, just $24.7 billion more.

Kevin McDevitt does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.

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