BOND ALLOCATIONS DROP TO 4-YEAR LOW Bank of America’s May global fund manager survey shows investors sharply reduced exposure to bonds, pus…
BOND ALLOCATIONS DROP TO 4-YEAR LOW
Bank of America’s May global fund manager survey shows investors sharply reduced exposure to bonds, pushing allocations to the lowest level in nearly four years.
Bond positioning fell to a net 44% underweight, the weakest reading since June 2022.