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LONDON (Reuters) -Investors ploughed $20.1 billion into stocks in the week to Wednesday, a report from Bank of America citing data from EPFR said on Friday, rounding off a strong month for equities driven once again by rallying tech shares. U.S. Treasuries meanwhile saw their biggest weekly outflow in seven weeks at $3.6 billion, while Treasury inflation-protected securities got their biggest inflow since July 2023 of $300 million, BofA said. U.S. bond yields closed January slightly higher on the month as their prices fell, but have fallen sharply this week, in part due to a safety bid from renewed jitters over regional U.S. banks. ....
BofA's Hartnett Sees Stocks Behaving Like a Bubble Is Imminent bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) The rush into technology stocks is resembling the bubble of 1999, reflecting an assumption that the economy will perform strongly despite tighter monetary policy, according to Bank of America Corp. strategists.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoApple’s China Slump Deepens Even as Total Sales Grow AgainQQQ Up in Late Trading as Meta Soars, Apple Falls: Markets WrapA ....