Jul
05
There’s a $3 Trillion Pool of Money Set to Extend Treasury Surge
By-
U.S. corporate pensions capitulate to lower interest rates
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Ten-year Treasury yields to fall to 1.25% this quarter: BofA
Bank of America Corp. sees the $3 trillion U.S. corporate pension industry throwing its interest-rate assumptions out the window.
And that means the retirement plans will probably throw more money into Treasuries…
There’s a $3 Trillion Pool of Money Set to Extend Treasury Surge