Jul
05

There’s a $3 Trillion Pool of Money Set to Extend Treasury Surge

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  • U.S. corporate pensions capitulate to lower interest rates
  • 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

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