Investors buy the dip in both stocks and bonds, BofA says

LONDON, March 20 (Reuters) – Investors took advantage of the drop in stock and bond prices ​in the latest week ‌to snap up both, even though a steep rise in energy prices on the back of the war ‌in ​the Middle East rattled ⁠sentiment, according to ⁠Bank of America Global Research on Friday.

Investors poured $62.2 billion into stocks, $23.5 billion into cash, $10.2 billion ​to bonds, and $1.0 billion into crypto, while pulling $4.5 billion from ⁠gold, the bank ⁠said, citing data from ​EPFR.

(Reporting by Amanda Cooper; Editing by ​Alun John)