US investors extend equity fund sell-off amid rising bond yields

Philippines News News

US investors extend equity fund sell-off amid rising bond yields
Philippines Latest News,Philippines Headlines
  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Explore stories from Atlantic Canada.

SaltWire's Atlantic regional weather forecast for October 27, 2023 | SaltWire - U.S. investors remained net sellers of equity funds in the week to Oct. 25 driven by higher bond yields and concerns over the Israel-Hamas conflict.

The yield on U.S. 10-year Treasury bonds climbed to a 16-year peak earlier this week, breaching the 5% mark, driven by expectations of robust growth and a growing fiscal deficit. Investors reduced their exposure to financials, healthcare, and consumer discretionary sector funds by $841 million, $511 million, and $313 million, respectively. On the other hand, they allocated $823 million to the technology sector.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SaltWire Network /  🏆 45. in CA

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ATLANTIC ECONOMIC COUNCIL: Another challenging year for Atlantic Canada’s economy in 2024ATLANTIC ECONOMIC COUNCIL: Another challenging year for Atlantic Canada’s economy in 2024Explore stories from Atlantic Canada.
Read more »

Conservatives challenging Nasdaq board diversity rule appeal to full 5th CircuitConservatives challenging Nasdaq board diversity rule appeal to full 5th CircuitExplore stories from Atlantic Canada.
Read more »

The Bomadils nominated for three Canadian Folk Music AwardsThe Bomadils nominated for three Canadian Folk Music AwardsExplore stories from Atlantic Canada.
Read more »

Cobequid Wildlife Rehab Centre helping injured critters return homeCobequid Wildlife Rehab Centre helping injured critters return homeExplore stories from Atlantic Canada.
Read more »

July cyber-attack continues to delay tax bills for Kings County, N.S., property ownersJuly cyber-attack continues to delay tax bills for Kings County, N.S., property ownersExplore stories from Atlantic Canada.
Read more »

Amherst man, 22, man facing charges after Springhill stabbing that sent victim to Halifax hospitalAmherst man, 22, man facing charges after Springhill stabbing that sent victim to Halifax hospitalExplore stories from Atlantic Canada.
Read more »



Render Time: 2025-02-27 20:55:48