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Surging US stocks may be prolonging the bond bull market: JPMorgan
Published Wed, Jul 26, 2017 · 09:50 PM
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New York
WHEN it comes to flows into stocks and bonds, forget the great rotation: It's all about the relentless rebalancing.
"The equity rally is feeding the bond rally, preventing bond markets from selling off in a risk-on environment," JPMorgan Chase & Co strate-gists led by Nikolaos Panigirtzoglou wrote in a note distributed to media on Monday.
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