Mutual and exchange-traded funds dedicated to building and upgrading roads, bridges, airports and other projects attracted more than $450 million from November through January.
Fed paper suggests that financial news holds predictive power when it comes to economic data.
Few overseas investors want to step into the $13.9 trillion U.S. Treasury market right now.
Demand for U.S. Treasuries has moved "from global to local."
A world with excess savings is still struggling to sate its appetite for investable assets in public markets.