Amundi ETF stays close to neutral on US duration and favours peripherals over core in the EU

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.

Source statements are attributed; this is not investment advice.