Majority of investors say higher rates loom as biggest threat to stocks and risky assets, says BofA survey – MarketWatch

Higher rates are beginning to overshadow the buoyant mood in stocks and corporate bonds.More than half of fund managers polled by BofA Global Research in January say higher interest rates and less accommodative monetary policy marked the biggest danger that could derail the bull run in risk assets in the first half of this year. Combined with nascent speculation about the tapering of Fed asset purchases given the much more meaningful fiscal support that is forthcoming in the US, leaves investors…

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