The US Treasury investors have turned more neutral this week, a J.P. Morgan survey released on Tuesday showed, according to Reuters.
The percentage of investors holding a neutral view or holding longer-dated Treasuries equal to their portfolio benchmarks, rose to 53 percent from 47 percent the prior week, according to J.P. Morgan’s client survey.
As of writing, the 10-year treasury yield is trading at 2.84 percent – down three basis points on the day and could extend losses further on escalating US-China trade tensions.
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