(Reuters) - The brokerage cut its bond weightage by 5 percent to fund
the hike, and said bond positions should be protected against
rising inflation expectations, BofA's Thomas McManus said in a
note to investors.
The brokerage was utilizing Treasury inflation-protected
securities for this purpose, he said.
Read more at Reuters.com Bonds News
the hike, and said bond positions should be protected against
rising inflation expectations, BofA's Thomas McManus said in a
note to investors.
The brokerage was utilizing Treasury inflation-protected
securities for this purpose, he said.
Read more at Reuters.com Bonds News
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