DASHBOARD Β· TODAY’S BIG STORY Β· Apr 23, 2026

The flow that matters today

One bond, one signal β€” the largest flow event in your universe, surfaced before it clears the tape.

US Β· USDDISTRRANK 1 OF 8
Treasury Bond
Treasury 2.5 05/46 Β· TREASURY

5 bond funds lightened on Treasury Bond's line in today's session, totaling βˆ’$141M. Net selling dominated the tape β€” 67% of active funds were on the same side.

NET FLOW Β· 1D
βˆ’$141M
FUNDS ACTIVE
5
BUY / SELL
2.0 : 1
BUY VOLUME
$94M
SELL VOLUME
$47M
BUY SHARE
67%
CUMULATIVE NET FLOW Β· LAST 14 SESSIONS
Each step is a fresh Sherpa Signal data point.
04-2204-23NOW
WHO BOUGHT Β· TOP MOVERS BY |Ξ” MV|

4 funds on the tape β€” Pro reveals the names and sizes.

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WHAT TO DO WITH THIS
Funds are selling. If you hold a peer maturity, check whether the rotation reaches your line.

Other stories on the tape today

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CONTEXT Β· ROTATIONS DRIVING THIS

What’s funding the buying

IG corp mixed-duration
β†’
IG corp 0–3y
Treasury 7–15y
β†’
Treasury 0–3y
Mixed credit mixed-duration
β†’
IG corp 3–7y
HY corp mixed-duration
β†’
HY corp mixed-duration
CONTEXT Β· YOUR EXPOSURE

How your book reads the tape

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CONTEXT Β· LATEST SHERPA SIGNAL

Recently detected fund moves

May 3
Position diff detected β€” open Sherpa Signal for the breakdown.
May 3
Position diff detected β€” open Sherpa Signal for the breakdown.
May 3
Position diff detected β€” open Sherpa Signal for the breakdown.
May 3
Position diff detected β€” open Sherpa Signal for the breakdown.
May 3
Position diff detected β€” open Sherpa Signal for the breakdown.