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MARCH 27, 2026 AT 08:23 AM

BofA's weekly flow report notes USD 2.7bln into bonds, USD 35bln out of cash, USD 29bln out of stocks, USD 6.3bln out of gold, USD 0.5bln out of crypto

Importance
Level 1

BULL/BEAR INDICATOR:

  • BofA says its Bull & Bear Indicator fell to to 7.4 (from 8.4) on deteriorating global stock index breadth, outflows from HY bonds and EM debt, as well as wider credit spreads; the indicator is now at its lowest level since July 2025

CASH:

  • BofA says cash saw its first and largest outflow in 10 weeks, while gold saw its largest outflow since October 2025

BONDS:

  • US Treasuries saw USD 6.8bln of inflows, with the largest two-week inflow since April 2025
  • Short-term bonds saw USD 13.3bln of inflows, the third-largest ever
  • Long-term bonds saw USD 4.7bln of outflows, the largest since March 2020, and second-largest ever
  • High yield bond funds saw USD 3.3bln of outflows, the largest three-week outflow since April 2025

EQUITIES:

  • US equities saw USD 23.6bln of outflows, the largest in 13 weeks
  • Europe equities saw USD 3.1bln of outflows, the largest since April 2025
  • By sector, Materials saw USD 10.5bln of outflows, the largest ever