Jade Fu, Head of Global Multi-Asset Portfolio Management for Asia Pacific at UBS Asset Management, stated that from a longer-term investment perspective, US Treasuries are showing appeal, and 10-year US Treasury yields are expected to decline over the next 12 months.

In an interview, she said she would seriously consider entering the US Treasury market in batches.

She added that she is more confident about the general direction over the next 12 months.