Investors most bullish on U.S. Treasuries since 2010 – survey
NEW YORK, May 21 (Reuters) – Bond investors turned the most bullish on longer-dated U.S. 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 36% on Monday, the highest level since November 2010. It was up from 32% a week earlier, the latest J.P. Morgan survey showed. (Reporting by Richard Leong; editing by Jonathan Oatis)
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