Wednesday, June 13, 2007

Investors rethink rates but stick with stocks

(Reuters) - LONDON, June 13 - Investors have dramatically raised their expectations for global interest rates over the past month but made no move to shift away from their heavy exposure to stocks, a poll showed on Wednesday.



Merrill Lynch said its June survey of 201 fund managers also found that perceptions that equities were overvalued had risen to the highest level since early 2004.


Read more at Reuters.com Bonds News

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