Treasuries worry European managers

New Angles

risk-0404-valensise-jpg

The US Treasury market is looking too risky for European fund managers. Concerns about Asian central banks’ intervention buying keeping yields low and the conviction that the Federal Reserve will raise interest rates sooner rather than later, have prompted European managers to reduce their exposure to Treasuries.

Many fear a repetition of last summer’s volatility, which saw yields on 10-year Treasuries rise from 3.1% in June to 4.5% in August and swap spreads inflate to 69 basis points over

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: