Global equity funds drew $34.76 billion in the week through September 30, extending a second consecutive week of inflows as artificial-intelligence investment optimism and softer U.S. inflation supported risk appetite despite elevated bond yields. U.S. equity funds received $20.6 billion, led by $19.33 billion into large-cap strategies, while money-market funds saw $41.36 billion in withdrawals, their third weekly outflow in four weeks. The reversal followed a $22.3 billion withdrawal from U.S. equity funds in late August, when concerns over Federal Reserve policy and Treasury yields weighed on demand. U.S. bond funds still attracted $6.45 billion, including $4.3 billion for government and Treasury strategies. AI-linked demand, reinforced by Micron Technology's outlook for memory chips, continued to support stocks even as long-term Treasury yields remained above 5% and the S&P 500 was up roughly 12% in 2026.