NEW YORK, Feb 12 (Reuters) – Bond investors were the most bullish about owning U.S. longer-dated government debt since before Donald Trump was elected U.S. president in November 2016, a J.P. Morgan survey showed on Tuesday.

The share of investors who said they are “long” or hold more longer-dated Treasuries than their portfolio benchmarks exceeded those investors who said they are “short” or hold fewer longer-term government debt issues than their benchmarks by 9 percentage point, which was the widest margin since Sept. 12, 2016, J.P. Morgan said. (Reporting by Richard Leong Editing by Chizu Nomiyama)



READ SOURCE

READ  Consumer sentiment surges higher than expected after government shutdown ends

WHAT YOUR THOUGHTS

Please enter your comment!
Please enter your name here