May 7, 2019 / 2:34 PM / 2 months ago

Investors most neutral on U.S. Treasuries in five weeks - survey

NEW YORK, May 7 (Reuters) - Bond investors were the most neutral about owning U.S. longer-dated government debt in five weeks, as the Federal Reserve signaled the economy does not warrant a change in interest rates in either direction right now, a J.P. Morgan survey showed on Tuesday.

The share of investors who said they are neutral or hold longer-dated Treasuries matching their portfolio benchmarks, increased to 59%, up from 53% the prior week, J.P. Morgan said.

This was highest reading on the number of neutral investors since April 1, it said.

Reporting by Richard Leong Editing by Chizu Nomiyama

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