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Posted by
Two Blokes Jun 30 -
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General
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#TwoBlokesTrading
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Bank of America (BofA) strategists have flagged a potential “bubble risk” in the second half of the year, leading them to maintain a positive stance on their 'BIG' diversified basket of bonds, international equities and gold. The US investment bank's strategists describe themselves as “happy cyclical buyers” of US Treasury bonds, citing expectations of a slowing US macroeconomic environment, Federal Reserve rate cuts, and falling yields.
