Morgan Stanley senior bond investor turns bullish on US Treasuries for the first time in ten years

Odaily reported that Vishal Khanduja from Morgan Stanley Investment Management is one of the outstanding bond investors. As yields have risen to their highest levels in 20 years and have started to constrain economic growth, he has turned bullish on U.S. bonds for the first time in a decade. Khanduja, together with Brian Ellis, co-manages the $4.1 billion Eaton Vance Total Return Bond Fund. As of June, the fund increased its duration (a measure of interest rate risk) to 6.07 years. Khanduja, head of the broad market fixed income team, stated that this is the first time in more than a decade that the fund has significantly overweighted duration.