For Chris Metcalfe, chief investment officer at Kingswood Group’s IBOSS, an allocation to global emerging markets debt “makes absolute sense.”
“Yes, US bonds have a more attractive starting yield than they had previously, but the reasons for that increasing yield remain and in the last few hours have become more acute,” he said.
“The move away from US assets is unprecedented and it’s impossible to say right now how high US Treasury yields could go,” he explained. “We particularly like managers who use a blended approach to emerging market debt and can take best advantage of the huge fluctuation in currencies.”
John Murillo, chief dealing officer at London-based liquidity solutions provider B2BROKER, argued that U.S. Treasurys still offer investors a level of safety and liquidity that remains “unparalleled by most other investment instruments” — but he also noted that the historically-held notion of Treasurys being close to risk-free investments may need to be revised.
https://www.cnbc.com/2025/05/22/us-treasury-yields-where-investors-are-putting-their-money.html