Bank of America: 33% of investors expect a global recession a year from now

Investors have bought bonds in search of security at the fastest pace since the 2008 global financial crisis, while mounting trade tensions between China and the United States raises the prospect of a recession, said Bank of America Merrill Lynch in its latest monthly survey.

A third of investors polled predicted a global recession over the next 12 months, a record since 2011. Investors have said that US government bonds are the most traded for the third consecutive month, while the US economy is likely to be in the US. they saw the trade war between the United States and China as the greatest risk. On the stairs.

The rising demand for bonds has brought yields down to their lowest level for several years in other developed countries, where German government bond yields have hit a new European record.