Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Mutual funds money flows are great to gauge investors’ sentiment, especially over the longer horizon. According to latest data available, for week ending March 16th,
Global longer term bond mutual funds saw, inflow of $4.92 billion. Bond funds registered inflows for third consecutive week. Though this weekly inflow is quite large, previous week was larger with $5.94 billion.
- Mutual funds, investing in US investment grade bonds saw, third consecutive weekly inflows of $2.26 billion, marginally smaller than last week’s $2.68 billion inflow.
- Mutual funds, investing in US high yield bond market saw fourth consecutive weekly inflows $1.53 billion, which brings inflows to $8.21 billion in past one month, ending on March 16th.
- Government bond funds again registered positive flows of $296 million. Last time monthly flows to government bonds were negative was back in June last year.
- Global bond funds saw net withdrawals of -$157 million. Since June last year, global bond funds suffered net withdrawals of -$52.8 billions.
