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U.S. 10-year Treasury yield at 5.9% would spark shift to bonds from stocks: BofA investor survey

Source: The Globe and Mail

Interest Rates & YieldsCredit & Bond MarketsInvestor Sentiment & Positioning

Bank of America’s latest Global Fund Manager survey found that the U.S. 10-year Treasury yield would need to approach 6% before bonds become compelling enough to draw money away from stocks. The finding highlights equities’ reported resilience even as borrowing costs rise.

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