Janus Henderson: Why short duration now

Key takeaways:

• For the first time since the Global Financial Crisis, real yields on shorter-dated Treasuries have turned positive.

• Fixed income investors seeking higher liquidity or a more conservative risk profile can now maintain shorter duration with considerably less risk of incurring negative returns.

• This development comes just in time, as longer-dated fixed income securities are largely failing to compensate investors for their near record high interest rate risk.