- British asset manager Schroders increased its exposure to longer-dated US Treasuries as the selloff improved valuations.
- Schroders sees an opportunity to add duration, with its global CIO highlighting the 10-year Treasury as more attractive after the recent yield rise.
Quotes
“From a valuation perspective, they’re looking more attractive than they did before”
“We see the opportunity to own a bit of duration here given the selloff.”