Investors Increase Allocations to Bonds; Favor Japanese, U.K. Stocks, BofA Survey Says -- Market Talk

1016 GMT - Investors increased allocations to bonds in October, according to Bank of America's monthly global fund manager survey. They also find that pessimism on bond yields fell to the lowest since May 2025. "Just net 1% of FMS [fund manager survey] investors expect higher long-term rates, down from 15% in September," the survey finds. Investors have also increased allocation to Japanese and U.K. stocks, as well as utilities, the survey says. They reduced allocation to banks, U.S. stocks and consumer discretionary. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

October 13, 2026 06:16 ET (10:16 GMT)