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Bullish investors turning away from ‘overvalued’ bonds

Joe Marsh
Global risk appetite is growing, according to the Bank of America Merrill Lynch fund manager survey. Cash levels are down, while equity allocations and growth expectations are up.
Bullish investors turning away from ‘overvalued’ bonds

The signs point to swelling investor optimism in this month’s Bank of America Merrill Lynch (BAML) monthly fund manager survey.

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