BREAKING: US investment-grade corporate bond funds posted -$7.1 billion in outflows last week, their largest weekly withdrawal since the 2020 pandemic.
On Monday alone, these funds recorded -$8.2 billion in outflows, the biggest daily outflow in over 6 years.
By comparison, during the 2022 bear market, weekly outflows peaked at -$6.5 billion.
This comes as rising oil prices reignited inflation fears, while Alphabet's, $GOOGL, higher AI spending forecast on Wednesday intensified investor concerns over ramping CapEx.
Meanwhile, the investment-grade corporate bond ETF, $LQD, has declined -2.8% since June 30th, to the 2nd-lowest level since September 2025, and is down -1.4% year-to-date.
Investor appetite for corporate bonds is fading.
@Matt_in_action@LuckyXBT__ That said, it's possible FTX withdraws would be sent by Alameda but not so confident about that. So it's a somewhat valid theory but still farfetched.
@Matt_in_action@LuckyXBT__ I believe they either manually edited the entity or just fabricated it somehow, however the sending address is predicted by Arkham to be Alameda and the destination address is closely tied to the JW network of addresses so it wouldn't surprise me if it were real
@trading_axe I actually know who it is and no one in the comments are even close to being correct.
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