Investors pile into cash at fastest rate since COVID crisis-BofA
Source: Reuters
LONDON, Nov 4 (Reuters) - Investors put money into cash at the fastest pace at the start of a quarter since the 2020 COVID crisis in the week to Wednesday, as heightened volatility and questions over the U.S. rate outlook triggered a safe-haven dash, BofA Global Research said on Friday.Cash funds saw inflows of $62.1 billion in the latest week, reflecting investor demand for dollars, which in turn saw the 19th…