investors are hoarding cash and hiding in us treasuries as they dump equities amid fears that the us economy is headed for a recession nearly 63 billion flowed into cash in the week through july 6 while global equity funds had redemptions of 46 billion according to bank of america corp note citing epfr global data us stock funds still saw their second week of additions while global bonds had their biggest inflows in 14 weeks at 24 billion thanks to the buying of treasuries and government debt bank of america said