Investors Pour Into Long Bonds Even as They Sell Off

Investors Pour Into Long Bonds Even as They Sell Off Sumit Roy Mon, August 17, 2026 at 11:00 PM GMT+2 3 min read QQQ TLT Finance Investors added more than $38 billion to US-listed ETFs during the week ending Friday, Aug. 14, pushing year-to-date inflows to around $1. 3 trillion.

US equity ETFs took in roughly half the total at about $20 billion. US fixed income followed with $7 billion, and international equity ETFs added $6. 5 billion.

At the individual fund level, the Invesco QQQ Trust (QQQ) led with $5. 6 billion in inflows, followed closely by the iShares 20+ Year Treasury Bond ETF (TLT) with $5. 3 billion.

Long-dated Treasuries continued to sell off last week, with the 30-year yield recently hitting a 19-year high above 5. 3%, its highest level since 2007.   Rather than flee, some investors appear to have treated the selloff as a buying opportunity, stepping into TLT even as its price fell.

The fund is down about 2. 4% this year on a total-return basis, counting both price and yield. But while investors poured into TLT, they dumped the iShares 7-10 Year Treasury Bond ETF (IEF) .

Outflows for that fund totaled about $4 billion, the week's largest.   The rise in yields has not been uniform across maturities. While the 30-year yield keeps setting fresh multiyear highs, the 10-year yield has yet to surpass its 2023 peak and was last trading around 4.

7%. Semiconductors also featured among the outflows. The iShares Semiconductor ETF (SOXX) and the Direxion Daily Semiconductor Bull 3X Shares (SOXL) both landed on the top redemptions list.

For a full list of last week's top inflows and outflows, see the tables below. Top 10 Creations (All ETFs) Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change< QQQ Invesco QQQ Trust Series I 5,657. 63 488,841.

79 1. 16 TLT iShares 20+ Year Treasury Bond ETF 5,325. 73 45,495.

76 11. 71 SPY SPDR S&P 500 ETF Trust 5,272. 74 810,576.

38 0. 65 VOO Vanguard S&P 500 ETF 1,646. 74 1,036,226.

71 0. 16 EFV iShares MSCI EAFE Value ETF 1,076. 96 31,109.

71 3. 46 VTI Vanguard Total Stock Market ETF 1,028. 77 689,886.

84 0. 15 QQQM Invesco NASDAQ 100 ETF 997. 58 103,465.

18 0. 96 SGOV iShares 0-3 Month Treasury Bond ETF 939. 70 102,672.

22 0. 92 DYNF iShares U. S.

Equity Factor Rotation Active ETF 888. 50 40,986. 27 2.

17 FBND Fidelity Total Bond ETF 841. 68 28,181. 77 2.

99 Top 10 Redemptions (All ETFs) Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change IEF iShares 7-10 Year Treasury Bond ETF -3,996. 01 43,103. 55 -9.

27 IVV iShares Core S&P 500 ETF -2,135. 29 901,099. 97 -0.

24 SOXX iShares Semiconductor ETF -1,416. 22 43,484. 27 -3.

26 DIA SPDR Dow Jones Industrial Average ETF Trust -1,159. 02 46,854. 61 -2.

47 XLF Financial Select Sector SPDR Fund -606. 17 58,366. 99 -1.

04 XLK Technology Select Sector SPDR Fund -571. 43 124,487. 00 -0.

46 SOXL Direxion Daily Semiconductor Bull 3x Shares -483. 02 24,258. 17 -1.

99 JNK SPDR Bloomberg High Yield Bond ETF -478. 38 6,757. 27 -7.

08 EWZ iShares MSCI Brazil ETF -424. 53 8,152. 82 -5.

21 XLI Industrial Select Sector SPDR Fund -351. 86 34,581. 05 -1.

02 Story Continues ETF Weekly Flows By Asset Class Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives 104. 60 149,929. 09 0.

07% Asset Allocation 238. 66 44,905. 76 0.

53% Commodities E T Fs 1,740. 52 339,493. 86 0.

51% Currency -193. 16 97,382. 49 -0.

20% International Equity 6,513. 63 2,960,971. 03 0.

22% International Fixed Income 3,113. 11 453,399. 72 0.

69% Inverse 719. 25 12,885. 88 5.

58% Leveraged -571. 72 188,141. 92 -0.

30% Us Equity 19,577. 59 9,893,172. 89 0.

20% Us Fixed Income 7,033. 32 2,174,051. 30 0.

32% Total: 38,275. 81 16,314,333. 92 0.

23% Disclaimer: All data as of 6 a. m. Eastern time the date the article is published.

Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges. Permalink | © Copyright 2026 etf. com.