As the idea fades that anything even close to robust growth is ahead, U.S. banks buy Treasurys...

|By:, SA News Editor

As the idea fades that anything even close to robust growth is ahead, U.S. banks buy Treasurys at the fastest pace in nine months. Commercial banks bought $65B of U.S. debt in the past seven weeks, as their total holdings reached $1.68T, Federal Reserve data show.