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Investors Opt for US Safe Haven: CIO

Monday, 26 Sep 2011 | 4:00 AM ET

"It strikes me we have moved from a sell-down of risk assets, to risk-free assets, particularly in the bond markets here and in Asia. It seems that investors want out, whatever the costs, into the safety of US dollars, or arguably, US Treasurys," John Woods, chief investment officer at Citi Private Bank, told CNBC.