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Look to Treasuries when yields are low: BoS’s De Mello

Rajeev de Mello, Bank of Singapore

Although the low-yield environment has investors shying away from high-quality bonds, particularly long-dated Treasuries with thin carry, Bank of Singapore CIO Rajeev De Mello believes investors will “miss the boat” if they continue overlooking the potential for appreciation. “Clients are reluctant to buy US Treasury bonds because the yields are very low, especially when you couple it together with the…

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