Institution: Maintain a neutral duration stance on U.S. Treasury bonds

Jinse Finance reported that on June 30, Amundi Investment Institute currently maintains a neutral outlook on the duration of US Treasury bonds. In its mid-year outlook, the institute stated: "Robust US labor data and high inflation are putting upward pressure on US interest rates, which confirms a neutral stance on US Treasury bond duration." Amundi Asset Management believes there is value in the middle segment of the yield curve and continues to expect the US Treasury yield curve to steepen.