It's being fueled typically by investors approaching retirement who are increasing their bond holdings.There's yet another sign that stock investors are preparing for the worst.
The newspaper said that assets in taxable-bond mutual funds had increased by a net $316 billion from January to May, citing data from Morningstar direct. Lack of confidence in the global economy is rife, meaning investors are flocking to safety - distorting the Treasury landscape and giving a strong indication that Wall Street is nervous.