Investors Could Consider Overweight Duration in Front-End Treasurys -- Market Talk

0535 GMT - Investors could consider overweight duration exposure towards the front end of the U.S. Treasury curve, Insight Investment's Brendan Murphy says in a note. The asset manager expects the Fed to be on hold for a considerable period and the next eventual rate move may actually be a cut, the head of fixed income, North America, says. "It may therefore be a good time to consider fixed income allocations, including overweight duration exposure toward the front of the curve." A more prolonged war with Iran raises uncertainty, however, and there may be dissenters voting for hikes on Wednesday. The Fed has consistently concluded that 'looking through' energy shocks is its best option, unless second round effects become entrenched and / or longer-dated inflation expectations become unanchored, Murphy says. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

July 28, 2026 01:35 ET (05:35 GMT)