Carmignac Favors Shorter-Dated Treasury Notes

Marie-Anne Allier, a portfolio manager at Carmignac Gestion, says the firm prefers shorter-dated Treasury notes, with the long-end more vulnerable. “Inflation is still there, you still have a lot of uncertainties, the US economy is running quite hot,” Allier said on Bloomberg Television. “It’s still not for us a screaming buy, or even a buy, the 10- or 30-year.”

Read Full Article