BofA's weekly flow report notes USD 70.7bln into cash, USD 36.8bln into stocks, USD 8.7bln into bonds, USD 3.5bln into gold, USD 0.2bln into crypto

BULL/BEAR INDICATOR:

• BofA says its Bull & Bear Indicator is unchanged at 6.3, remaining in neutral territory after the contrarian sell signal that began on 17th December ended on 25th March

CASH/GOLD:

• Cash saw its biggest inflow in 9 weeks at USD 70.7bln
• Gold saw its biggest inflow in 6 weeks at USD 3.5bln

EQUITIES:

• Stocks saw their biggest inflow in 3 weeks at USD 36.8bln, with YTD inflows of USD 275bln on course for a record year
• Japan equities saw their biggest outflow since November 2025 at USD 2.1bln
• Consumer equities extended their outflow streak to 12 weeks, the longest since February 2003
• Energy saw its biggest outflow since July 2024 at USD 1.4bln, and its first outflow since November 2025
• By style, US large cap saw USD 27bln of inflows, while US small cap saw USD 3.3bln of outflows
• By sector, materials saw USD 2.1bln of inflows, healthcare saw USD 0.9bln of outflows, energy saw USD 1.4bln of outflows

BONDS:

• US Treasuries saw USD 5.3bln of inflows, marking the 10th consecutive week of inflows
• High yield bonds saw their first inflow in 7 weeks and their largest inflow since December 2025 at USD 1.6bln
• EM debt saw outflows for a fifth consecutive week at USD 0.5bln