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Record numbers seek safety in bonds as recession looms

Record numbers seek safety in bonds as recession looms

The Telegraph - By Tom Rees

Investors are piling into bonds at a record pace as economists warn that the risk of a damaging US recession has hit its highest level in a decade. More money was invested into fixed income funds than ever during the week of Aug 12 – an increase of 25pc, or almost $2bn, on the previous record, …

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