Nov 29 Reuters U.S. investors poured money into equity funds in the week ended Nov. 27, buoyed by the naming of officials for the new Trump administration and a fall in Treasury yields, which alleviated concerns about the prospects for growth stocks.

Investors bought 12.78 billion worth of U.S. equity funds, a sharp jump in net purchases from the around 3.03 billion worth a week earlier, LSEG Lipper data showed.

Trump selected fiscal hawk Scott Bessent for the role of U.S. Treasury Secretary last week, boosting market expectations that debt levels would remain under control in his second term.

The largecap and smallcap funds segments drew inflows totaling 5.27 billion and 3.11 billion, respectively. Multicap and midcap funds, however, saw net outflows of 419 million and 137 million, respectively.

U.S. sectoral funds were in big demand, attracting about a net 4.72 billion, thanks to notable 2.08 billion, 990 million and 962 million net purchases in the financials, consumer discretionary and technology sectors, respectively.

U.S. bond funds remained popular for a 26th successive week, securing about 6.92 billion in net weekly inflows during the week.

Investors bought 3.01 billion of general domestic taxable fixed income funds for a 15th consecutive weekly net purchase. U.S. shorttointermediate investmentgrade funds and mortgage funds also attracted 1.53 billion and 1.48 billion, respectively, in net inflows.

Investors, meanwhile, sold around a net 2.37 billion worth…