LONDON, Feb 24 (Reuters) - Global investors have
allocated $354 billion to cash since Russia's invasion of
Ukraine first shook global financial markets in February 2022,
according to data released by Bank of America on Friday.
In that time they have pulled $135 billion from bond funds,
BofA said, as central banks have abruptly hiked interest rates,
in large part because of the energy shock triggered by the
Ukraine war.
(Reporting by Harry Robertson; Editing by Amanda Cooper)
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