Deutsche Bank WM increases US treasury by 2pps

10 October 2019 | 1 minute read

Deutsche Bank Wealth Management has increased US Treasury exposure by 2 percentage points (pps) but has downgraded cash allocation by 2pps, according to the bank’s latest tactical asset allocation strategy. “Moderating global growth will likely continue to apply downward pressure on US rates,” the bank said. “Softer business investment has weighed on US GDP growth through 2019 while manufacturing PMIs…

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