Bond investors go long Treasury duration

Global bond fund managers are going long duration on US Treasuries. Several interviewed by AsianInvestor said they are allocating more to US 10-year Treasury bonds or those of longer duration. Financial market volatility in equities, oil and currencies has forced a return to risk-off positions and emphasising the importance of liquidity. But fears over the US economy make medium-term exposures to Treasuries unattractive. “We are going long the long end of the yield curve,” said …