格隆汇4月14日|巴克莱的策略师在一份报告中说,巴克莱建议投资者重新建立五年期美国国债的多头头寸。他们曾建议在4月2日关税公告公布前通过五年期美国财政部买入长期债券,但鉴于重新定价和更高的不确定性,次日转为中性。他们表示:“我们认为,从风险回报的角度来看,收益率曲线的腹部(中间)部分再次显得具有吸引力。”他们指出了当前收益率水平的不对称性。“如果经济的疲软程度比目前预期的更严重,那么收益率下降的空间就大得多,如果不是,那么收益率就会上升。”
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