Money managers starting to eye treasury bonds again as yields spike

Bond bears are regaining optimism as yields begin tentative comeback.
Photo: Mike Segar/Reuters/Ritzau Scanpix
Photo: Mike Segar/Reuters/Ritzau Scanpix

A ray of light shimmering through another dark day on Wall Street: Treasury yields at decade highs are now tempting big money managers from BlackRock Inc. to Amundi on the conviction that the asset class will deliver the hedging goods in the next downturn.

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