[Institutions: Investors May Consider Increasing Short-Term Duration of U.S. Treasuries] According to a report by Jinse Finance on July 28, Brendan Murphy, Head of North American Fixed Income at Insight Investment, stated in a report that investors may consider increasing their allocation to the short-term duration of the U.S. Treasury yield curve. Murphy noted that the asset management firm expects the Federal Reserve to keep interest rates unchanged for an extended period, with the next and final rate adjustment likely being a rate cut. He said, 'Therefore, now may be a good time to consider fixed income allocations, including increasing exposure to the short end of the curve.' However, the prolonged duration of the Iran conflict will heighten market uncertainty, and Wednesday's Federal Reserve meeting may also see dissenting votes in favor of rate hikes. Murphy emphasized that the Federal Reserve has consistently believed that 'ignoring' the impact of energy price shocks is the best strategy unless 'second-round effects' become entrenched or long-term inflation expectations become unanchored. (Jin10)