BofA Says Buy US Treasuries That Have Lagged Broader Iran Rally
US Treasuries are still pricing in a war in the Middle East that other asset classes have shrugged off, setting up a drop in yields as they catch up, according to Bank of America.
Related in NYS:BAC
BofA’s Hartnett Says US Stock Gains Have Rarely Been This Strong
US stocks and gold are hurtling toward a fourth year of double-digit gains, rallies so exceptional that there have been few such episodes in history, according to Bank of America Corp. strategists.
Citadel Securities Clearing Own Stock Options in Break From BofA
Citadel Securities is taking a do-it-yourself approach to clearing its equity options trades, bringing an end to one part of a business relationship with Bank of America Corp. going back a quarter century.
Bank of America Says US Can Lower Debt Cost by Going Bespoke
The US government can mitigate the effect of rising long-term Treasury yields on its cost of borrowing by taking a page from the credit markets, according to Bank of America Corp. strategists.