Guy LeBas: September sees increased fixed income buying amid equity selling

Guy LeBas: September sees increased fixed income buying amid equity selling
September rebalancing boosts fixed income

Guy LeBas highlights a significant shift in investment flows at month end, with a roughly plus one z-score buying interest in fixed income and corresponding selling in equities today.

He points out that September typically sees larger portfolio rebalancing activity due to quarter-end timing.

LeBas recently commented that U.S. Treasury auctions, including the 2-year and upcoming 5- and 7-year notes, are proceeding without notable disruptions. His previous updates have tracked routine developments across government debt markets. The observations build on his ongoing coverage of fixed income activity.

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