NEW YORK: Bond investors turned the most bullish on longer-dated US Treasuries in about 8-1/2 years amid keen demand for low-risk bonds prompted by heightened trade tension between China and the United States, a J.P. Morgan survey showed on Tuesday.
The share of investors who said they were long or hold more longer-dated Treasuries than their portfolio benchmarks grew to 36pc on Monday, the highest level since November 2010. It was up from 32pc a week earlier, the latest J.P. Morgan survey showed.
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