Global bond allocation drops to record low on inflation scare -BofA - NewsBreak

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By Gesard in Business
Updated 3 years ago

MILAN, Oct 19 (Reuters) - Investor allocations to bond markets dropped to the lowest level on record in October, BofA Securities' monthly fund manager survey showed, as pessimism on inflation and China further clouded the outlook for the global economy. "Investors are now very overweight inflation assets (i.e. commodities, banks)...

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