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Investors most bullish on U.S. Treasuries since September 2016: survey

Reuters  |  NEW YORK 

NEW YORK (Reuters) - Bond investors were the most bullish about owning U.S. longer-dated government debt since September 2016, a couple of months before Donald Trump was elected U.S. president, a J.P. Morgan survey showed on Tuesday.Investors have piled into cash and low-risk Treasuries in recent weeks on worries over slowing global growth and trade tensions between China and the United States.Moreover, the Federal Reserve in late January took back its promises of "further gradual increases" in interest rates, and said it would be "patient" before hiking rates again. The share of investors ...

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First Published: Tue, February 12 2019. 22:37 IST