Investors Seek Safety in Cash Amid Market Volatility

Investors kept 20.4% of portfolios in cash in September amid volatility in stocks and bonds.

Cash allocations rose while fixed income and equity allocations dropped.

Investors are "hiding in cash" due to weakness in equity and fixed income markets.

Cash holdings are above average but below crisis peaks.

The surge in short-term Treasury yields gave investors a shot at 5% yields for the first time in over a decade.