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Bond investors are more optimistic about the front end of the US yield curve.
Jin10 data reported on May 6, Anders Persson, Chief Investment Officer and Global Head of Fixed Income at Nuveen in North Carolina, stated, “We hold a neutral stance on U.S. Treasuries, leaning more towards the front end of the yield curve, as I expect this part to perform relatively stable in response to the Federal Reserve’s future interest rate cuts. Given the policy uncertainty and unclear outlook, we are not willing to make large-scale bets.”