HALISTER1: RATES: Managers ‘Marginally More Defensive’ Pre FOMC, SMR Says

RATES: Managers ‘Marginally More Defensive’ Pre FOMC, SMR Says

(Bloomberg) -- Participants in SMRA Portfolio Manager Survey in week ended March 15 had “small reversals” in risk profiles amid back-up in yields.
  • Actual/Target Duration (arithmetic): 99.3%
  • Actual/Target Duration (weighted): 99.6%
  • Bull/Bear Index (arithmetic): 5.0
  • Bull/Bear Index (weighted): 4.6
  • Agency allocations: 7.7%, unchanged for 20th consecutive week matching lowest on record
  • MBS allocations: 23.6%
  • Treasury allocations: 24.6%
  • Corporate allocations: 35.8%
  • Spread product allocations: 70.4%
  • Spread expectations: 4.95
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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