Stock Market News Today: Markets slip, with Dow down 1%; yields rise (SP500) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
US bond investors increase positions in long-dated high-grade corporate bonds, expecting gains from future interest rate cuts. Market attention is on upcoming bond sales and key economic data releases globally. The “anything but bonds trade” may now have run its course and long-duration debt is set for a comeback in the second half.
(Bloomberg) Big US bond investors have been aggressively shifting money into long-dated notes, betting that the unloved asset class will be one of the winners from eventual interest rate cuts.Most Read from BloombergA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingFrom Tokyo to New York, Stock Markets Are on a Record-Hitting Spree Around the WorldChina Attempts to End Property Crisis With Broad Rescue PackageUS Company Becomes World’s Most Valuable Solar Firm After Chinese Rivals Sli
Big Funds Bet the Anything But Bonds Trade Is Poised to End bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.