Bank America Merrill Lynch and Institutional Fund Managers

investors: That is the highest proportion since the current version of the survey was introduced in 2001, according to Bloomberg. It also a jump from March, when 75 percent of investors said that bonds don’t offer enough value. Bank of America Merrill Lynch latest survey of institutional fund managers found that a net 84 percent of the respondents say bonds are overvalued. The skepticism comes as persistently high demand keeps yields on global government debt near historic lows. And investors have few other options, as global stocks top $70 trillion in value. Bond-buying from international central banks has propped up the price of sovereign bonds worldwide, and pushed some European government-bond yields into negative territory. (news.financializer.com). As reported in the news.