According to The Kobeissi Letter, foreign investors have withdrawn approximately $5 billion from US corporate bond funds in the last two weeks, marking the largest pullout since April 2020. This significant outflow has caused the 4-week moving average to rise to around $1.2 billion, the highest since the pandemic. This trend could indicate potential shifts in investment strategies, impacting high-yield corporate bonds and market stability.

According to The Kobeissi Letter, foreign investors have withdrawn approximately $5 billion from US corporate bond funds over the last two weeks, the largest outflow since April 2020. This significant movement has caused the 4-week moving average to rise to about $1.2 billion, marking the highest level since the 2020 pandemic. This trend indicates a potential shift in investor sentiment towards high-yield corporate bonds, impacting future trading strategies.