The following article clip is based on results from a survey of bond investors.
If you enjoy the content at iBankCoin, please follow us on TwitterFor the first time since 2005, investors held no outright bullish positions on Treasury prices, according to a closely watched survey of bond investors’ sentiment by J.P. Morgan Chase & Co.
The survey showed most investors remain neutral rather than bearish, an indication that many may not be ready to call an end to the three-month-long bull run.
Some Treasurys had rallied for 11 weeks in a row until last week, their worst week in two years. Treasurys had been finding buyers despite near-record low yields, the end of the Federal Reserve’s Treasury-buying program and uncertainty over the debt ceiling. They have been seen as a safe investment, particularly amid worries about Europe and U.S. economic growth.