RBC BlueBay finds value in five-year Treasurys near 5% yields
RBC BlueBay fixed income CIO Mark Dowding says five-year U.S. Treasurys offer some value as yields approach 5%, while remaining more circumspect about longer-dated maturities amid heavy debt issuance.
S. Treasurys as they have approached 5% yields, fixed income CIO Mark Dowding said in a note. The firm remains more circumspect on longer-dated maturities, Dowding said. It said ongoing heavy debt issuance volumes from govern…