Bank of America: 37% of Investors Wait for 6% U.S. Treasury Yields to Switch to Bonds as Cash Sits at 3.9%
According to Bank of America's October 13 global fund manager survey, 37% of investors say they will only rotate from stocks to bonds once U.S. 10-year Treasury yields reach 6%, while current cash levels stand at 3.9%. The survey identified the most crowded trades as going long global
BAC+2.35%
GateNews·10-14 07:32
