2024-07-17 20:50:38 +0300
Investors Should Turn to Short-Term Bonds, DWS’s Bianco Says
Bloomberg
By Maria Elena VizcainoInvestors are “better off for now” in short-duration debt as the bond market has failed to price the risk of higher interest rates, according to David Bianco, the chief investment officer for the Americas at DWS Group, which holds about $1 trillion in assets under management.
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Treasury bills as well as two- and three-year notes from the US government make sense to hold as the market hasn’t priced the Federal Reserve’s policy rate reaching 4%, he said in an interview Friday with Bloomberg Television.
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