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Schroders Buys Long-Dated Treasuries Citing Attractive Yields

Bloomberg Markets •
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British asset manager Schroders Plc has bought more of longer-dated US Treasuries, saying yields have nearly peaked after the recent selloff. “From a valuation perspective, they’re looking more attractive than they did before,” said Johanna Kyrklund, global chief investment officer, referring to the 10-year debt. “We see the opportunity to own a bit of duration here given the selloff.