The NDR Fixed Income Allocation Strategy entered the month with elevated allocations to U.S. Treasurys and U.S. Investment Grade. U.S. Long-Term Treasurys’ is significantly above benchmark. None of the sector’s indicators are bearish. The U.S. Investment Grade Corporate bond sector’s allocation continues to be overweight.

Click the link below to read more about the strategy’s positioning.

Full strategy commentary: NDRFIAS202110061

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