(Reuters) Some investors turned cautious on longer-dated U.S. Treasuries as benchmark yields reached five-month lows on safe-haven bids due to weak U.S. data and geopolitical concerns, J.P. Morgan’s latest Treasury client survey showed on Tuesday. The share of “neutral” investors who said they were holding amounts of longer-dated Treasuries that match their portfolio benchmarks rose to 64 percent in the week of April 17 from 57 percent the previous week, according to the J.P. Morgan’s survey.
US Treasuries Rally Turns Some Investors Cautious: JPMorgan
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