After Summer of Easy Profits, America’s Bond Traders Are on Edge

Updated on
  • Fund managers take greater cash positions as yields near lows
  • Bank of America sees a rate shock as ‘prime’ risk by year-end

Searching for Safety in the Global Bond Market

The summer of 2016 was very good to America’s bond investors. Trading was leisurely enough, volatility was low and profits rolled in nice and easy as prices climbed higher.

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