July 7, 2024
Finance

Big Funds Bet the ‘Anything But Bonds’ Trade Is Poised to End

(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 Bloomberg The largest 20 mutual fund managers in the US have increased duration over the past two months as yields climbed,

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