Why Are Investors Buying Bonds?
"...By this summer, industrial growth will be visibly slowing around the world, said Lakshman Achuthan, the managing director of the Economic Cycle Research Institute, a private forecasting group. The markets have probably reacted to early indications of that slowdown, he said, bolstering bonds and hurting stocks and commodities. “Until there are signs of another pickup in economic growth,” he said, “I wouldn’t be buying on dips in the stock market.” In this context, he said, Treasuries may seem a safer bet..."
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