Monday, July 30, 2007

UPDATE 1-RESEARCH ALERT-BofA hikes equity allocation by 5 pct

(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

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