Bank of America warns of excessive market calm masking volatility risk, citing $14.2B equity fund outflows and rising Treasury yields and oil prices.
Macro & Markets ·
Bank of America has warned that excessive market calm masks underlying volatility risks, citing $14.2 billion in outflows from U.S. equity funds over three weeks—the largest since January 2026. The bank pointed to rising Treasury yields, oil prices above $100, and record diesel price increases alongside investor complacency and absent government action as conditions that could trigger heightened volatility.