As of the week ending April 1, U.S. high-grade bond funds saw a net outflow of approximately $5.35 billion, marking the largest weekly outflow in nearly a year and the worst since April 2025. At the same time, U.S. bond funds overall experienced a net outflow of about $10.17 billion, while money market funds continued to attract inflows. The main concern is that high oil prices might reignite inflation, making it harder for the Fed to cut interest rates. In this scenario, investors are unwilling to hold even high-grade bonds, indicating that risk-averse sentiment is spreading. This could lead to even tighter conditions in private credit markets. Bitget VIP—lower fees, bigger perks!