This trade is where big investors are hiding out amid choppy markets, Goldman Sachs says
Investors have piled into short-term U.S. government bonds in a bid to wait out the upheaval caused by a blowout in longer-term yields, according to a Goldman Sachs executive. An auction this week of 52-week Treasury bills at a 5.19% rate was 3.2 times oversubscribed, its highest demand
