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Investors not bullish on Treasuries

The following article clip is based on results from a survey of bond investors.

For 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.

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