B · Normal
[Schroeder buys longer-term U.S. Treasury bonds and believes that the current yield level is attractive] On September 3, the British asset management company Schroeder increased its holdings of longer-term U.S. Treasury bonds, saying that after the recent decline in the bond market, yields are about to peak. Johanna Kyrklund, global chief investment officer, said of the 10-year U.S. bond, “From a valuation perspective, its attractiveness has become more attractive than before,” adding, “After the recent market decline, we believe there are opportunities to hold some duration. Schroders has $1.15 trillion in assets under management. The firm added duration over the summer and added further in recent weeks. Kyrklund said in an interview on Thursday that Schroders adjusted its global bond allocation position to be slightly overweight duration, compared with underweight for most of this year and most of the past few years.
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