Reserve managers weigh tactical response to Middle East conflict
Some make case for ‘nimble’ duration management, but others say uncertainty is too high
Reserve managers are considering tactically adjusting their durations as the Middle East conflict changes the outlook for monetary policy, speakers at the Central Banking Meetings, Kuala Lumpur said on April 1.
“I think you need to be nimble, especially where it comes to duration, and try to take some advantage,” said a reserve manager from Europe.
A representative of a commercial asset manager said their central bank clients had shown “more willingness either to be more active around duration
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