(Bloomberg) -- Investors are dumping equities and cash alike in favor of bonds as they position for the risk that the Federal Reserve persists with hawkish policy moves, Bank of America Corp. strategists said.Most Read from BloombergApple Makes Major Progress on No-Prick Blood Glucose Tracking for Its WatchChina Cease-Fire Proposal for Ukraine Falls Flat With US, AlliesRussian Support for Putin’s War in Ukraine Is HardeningJerome Powell’s Worst Fear Risks Coming True in Southern Job MarketThe Wo