America’s super-rich hold fewer U.S. government and municipal securities than they’ve done for almost two decades, according to recent data from the Federal Reserve.
The top 1% of households by income held $887 billion of those assets as of June, the smallest amount in 17 years and down from a peak of $1.5 trillion a decade ago.
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October 07, 2021 at 09:41PM
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Richest Americans Flee Treasuries With Holdings at 17-Year Low - Bloomberg
"low" - Google News
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