Some funds eye foreign bonds over US Treasuries on Fed doubts

1. 1Some global bond investors are weighing a shift into markets such as Australia and Europe as doubts grow over the Fed's ability to control inflation, adding pressure on US Treasuries.
2. 2Schroders (SDR.L), which manages $1.1 trillion, is increasing shorts on US 5- and 10-year Treasuries while buying short-dated government bonds in Australia, the UK, and the eurozone.
3. 3With the Fed holding rates steady even as prices rose 3.5%, the 30-year Treasury yield climbed to its highest level since 2007, fueling demand for overseas diversification.

Source Bloomberg · View original ↗

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