Markets brace for large shift from stocks to bonds in fund shake-up
Financial Times/Joshua Oliver/3-24-2021
“Billions of dollars are set to flow from stocks to bonds around the end of March as big investors move money to rebalance their portfolios, analysts say.”
USAGOLD note: The big investors are mostly international funds of different kinds rebalancing their portfolios as an end-of-quarter necessity. Large sums of money will be redeployed with a flip of the switch. These capital flows could have an indirect, positive influence on the gold price if Treasury yields drop as a result. An analyst from JP Morgan is quoted as saying “it could be happening as we speak.”
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Original source: https://www.usagold.com/cpmforum/2021/03/markets-brace-for-large-shift-from-stocks-to-bonds-in-fund-shake-up/