EFTA00955197Set 9
2013-02-225p2,708w
showed that only 31% of respondents hedged UST duration risk (see EM client survey, Trang Nguyen), which helps
explain the asset class's recent underperformance.
• US high-grade bonds continue
https://www.justice.gov/epstein/files/DataSet%209/EFTA00955197.pdf