Stocks Bid Into Month-End Despite Americans' Unprecedented Scramble For Cash

Mar 30th 2020 4:01pm EDT

Stocks Bid Into Month-End Despite Americans’ Unprecedented Scramble For Cash Amid an ever-escalating guess at the size of pension fund re-allocations funds (latest we saw was $150 billion) into month-end, both bonds and stocks were bid early on today, but as the day wore on, bonds weakened as stocks gained (driven by record IG issuance-driven […]

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