1157 GMT - Government bond yields have fallen globally as investors increasingly see value in duration, BNY's Geoffrey Yu says in a note. "Central banks have demonstrated a clear willingness to tighten in the face of global and domestic supply shocks, while curve steepening is beginning to impose greater fiscal discipline on governments," the senior EMEA macro strategist says. Breakevens remain well-anchored, leaving real yields increasingly attractive for long-term fixed-income investors, he says.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.