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'Bonds Are Back', For A Little While, At Least: Bank Of America

US stocks and banks are among the most vulnerable to profit-taking, says BAML's investment strategy team.
US stocks and banks are among the most vulnerable to profit-taking, says BAML's investment strategy team.
London: Investors piled back into bonds in the past week, directing the largest inflow into these funds for three months, although the pause in the bond market selloff will probably only be fleeting, Bank of America Merrill Lynch said on Friday. The $6.3 billion inflow into bond funds in the week to Wednesday follows a torrid year for fixed income funds which saw $93 billion of redemptions, the largest outflow since 2008. The week ...
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