Bond ETFs attracted $23 billion in net inflows over the past five days, representing 62% of total market flows despite comprising only 15% of assets under management. The surge indicates a significant rotation into fixed-income products across multiple categories. Six of the top eight performing ETFs during this period were bond funds, spanning cash, municipal bonds, high yield, and treasuries. The iShares 20+ Year Treasury Bond ETF (TLT) was among the leading products driving this concentrated capital movement.