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Market Optimism Drives Fidelity Manager To Sell Off Treasuries: 'We Don't Expect Sort Of A Recession Anymore'
Friday, February 23, 2024 - 12:01pm | 350Investors looking for alternate investments to stocks during the period of high inflation and recession worries were turning to 10-year and 30-year treasuries. A money manager has liquidated treasury holdings, driven by a fresh wave of optimism about economic growth. What Happened: Investors and...