Schroders adds longer-dated US Treasuries, sees attractive yields

TREE NEWS reports: UK asset manager Schroders has increased its holdings of longer-dated US Treasuries, with global chief investment officer Johanna Kyrklund saying the 10-year yield’s valuation appeal has improved. She noted that after the recent market selloff, there is an opportunity to hold some duration. The 10-year Treasury yield rose to nearly 4.82% on Wednesday, the highest since 2023.