Bond mutual funds experienced outflows for the second consecutive week, raising concerns about potential liquidity stress in fixed-income markets. While fixed-income ETFs have absorbed sufficient capital to offset these withdrawals, sustained outflows from mutual funds could force additional bond sales and push yields higher. Market participants are monitoring the sector closely, as a redemption halt by a bond mutual fund could serve as an early warning signal of broader market instability. The dynamic between mutual fund redemptions and ETF inflows remains a critical factor in assessing near-term fixed-income market resilience.