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85% of investors expect higher short-term rates
Stagflation concerns are growing among fund managers as 34% of global investors expect lower growth and higher inflation over the coming year, as BofA research shows bulls are going into lockdown.
The latest global fund manager survey by Bank of America (BofA) showed investors are the least bullish since October last year, fund managers' cash levels jumping to a 12-month high as global growth expectations...
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