The U.S. Treasury market is off to its best new-year start in two decades as investors purchased government debt with expectations of the Federal Reserve slowing down its tightening efforts. The benchmark 10-year yield tumbled 10 basis points, to 3.78 percent, on Tuesday, the sharpest decline on the first trading session of the year since…
US Treasuries See Biggest Inflows in Two Years as Recession Risks Rise: BofA
LONDON—Investors pumped money into U.S. Treasuries at the fastest pace in nearly two years in the week to Wednesday and yanked funds out of cash, inflation-linked debt, and credit as recession risks rose, BofA’s weekly flow report showed on Friday. Global equities saw a small $2.2 billion of inflows while investors pulled a massive $79.4…
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