Global Money Market Funds See Record $166.4 Billion Weekly Inflow
Global money market funds drew $166.4 billion in the week ended October 7, their largest weekly intake since April 2020. U.S. money market funds attracted $72.3 billion, lifting assets to a record $8 trillion.
4 billion in inflows in the week ended October 7, their largest weekly intake since April 2020. The surge could put cash-like ETFs such as the iShares 0-3 Month Treasury Bond ETF (NYSE: SGOV ) and the SPDR Bloomberg 1-3 Month T-Bill ETF (NYSE: BIL ) in focus, while sustained demand for government bonds is also drawing attention to longer-duration funds. Read Also: EXCLUSIVE: Think 5% Treasury Yields Are Scary? S.
3 billion during the week, lifting their total assets to a record $8 trillion. Assets have increased by $3 trillion since 2023. 2 billion into Treasury funds. Treasury funds recorded their 15th consecutive weekly inflow, marking their largest weekly intake since April 2025, according to the data cited by The Kobeissi Letter.
4 billion in inflows in the week ending October 7th, their largest weekly inflow since April 2020. 0 trillion. com/7tmZ5FBK9x — The Kobeissi Letter (@KobeissiLetter) October 13, 2026 The flows come amid a sharp sell-off in the bond market as rising bond yields and persistent inflation concerns push investors toward safer assets. S.
3645% on October 7, its highest level in roughly 24 years, as inflation fears and concerns about government borrowing weighed on bonds. Yields subsequently retreated following a strong Treasury auction. SGOV, BIL Attracts Investors Seeking Short-Term Treasury Exposure Short-duration Treasury ETFs let investors earn income from government securities without taking on the same interest-rate risk as longer-maturity bonds. S.
3 billion in net inflows year to date through October 12, according to ETFIQ data. 09%. SGOV also recorded $347 million in inflows on October 7, followed by $392 million on October 8 and $191 million on October 9, according to the same data. BIL offers similar exposure through Treasury bills with maturities ranging from one to three months.
It also recorded $152 million in net inflows over the five days through Oct 9. Both ETFs can serve as cash-management tools, but their market prices can fluctuate, and their returns don’t match those of money market mutual funds. S. Treasury securities.
7 billion in inflows in the week before its October 5 post, its fourth-largest weekly intake since June 2024. However, TLT presents a different risk profile from SGOV and BIL. Long-duration Treasury prices are more sensitive to interest-rate changes, so further yield rises could drive significant price declines. Conversely, falling yields could support a stronger price recovery.
The Bigger ETF Question The record money market inflows do not necessarily signal an outright retreat from equities. Investors may simply be taking advantage of attractive short-term yields while waiting for greater clarity on inflation, monetary policy and bond-market volatility. For ETF investors, the distinction is important. SGOV and BIL offer short-term Treasury exposure, while TLT represents a more aggressive bet on the direction of longer-term interest rates.
The next signal to watch is whether money continues flowing into cash-like ETFs and Treasury funds as yields rise, or whether a sustained decline in yields encourages investors to extend duration and take on more risk. For now, the data point to a powerful demand for liquidity and government debt, but not yet a definitive shift away from stocks. Read Also: EXCLUSIVE: Canary CEO's 30-Year Bond Bear Call Raises a Bigger Question for REIT ETFs Photo: Shutterstock/ William Potter