Jupiter Asset Management: The rise in real returns in the US for the second year boosted the strengthening of the dollar. High oil prices are likely to drag down economic growth in the Eurozone. Optimistic about German 5-year treasury bonds, Italian 10-year treasury bonds with a yield of about 4% are attractive. Investments have been diverted from US treasury bonds to European sovereign debt.

Jupiter Asset Management: The rise in real returns in the US for the second year boosted the strengthening of the dollar. High oil prices are likely to drag down economic growth in the Eurozone. Optimistic about German 5-year treasury bonds, Italian 10-year treasury bonds with a yield of about 4% are attractive. Investments have been diverted from US treasury bonds to European sovereign debt.