Another noteworthy redemption was the $1.62 billion that came out of the iShares MSCI Emerging Markets Index Fund (NYSEArca:EEM), as well as the nearly $1 billion that bled out of the Vanguard High Dividend Yield ETF (NYSEArca:VYM). VYM's redemptions, in particular, were interesting, as they amounted to a reversal of $1 billion in inflows last week. Investors plowed money into bond ETFs targeting Treasury inflation-protected securities in the past week in a sign of growing concern about mounting inflationary pressures as the U.S. economic recovery gains steam.