Amundi ETF said it is close to neutral on US duration, with a preference for the 5-year segment, and continues to favour peripherals over core in the EU with a steepening bias.
The firm also said it remains constructive on credit on an all-in yield basis, preferring global investment grade.
Source: Amundi ETF.
Prepared with AI assistance from the cited source. Source statements are attributed; this is not investment advice.