Storebrand raises global government bond duration to neutral as AI concerns drive yields lower

• Storebrand Asset Management raised global government bond duration to neutral from underweight in its November 2026 allocation report.
• Global government bonds gained nearly 2% in October as AI investment concerns drove demand for US government bonds.
• Norwegian and Swedish government bond duration remained underweight; markets priced a roughly 40% probability of a Norwegian rate increase in December.
• French 10-year yield spreads over Germany exceeded 170 basis points, the widest since 2011, amid concerns over government debt.
• Global equities remained neutral; emerging-market equities retained an overweight despite falling nearly 8% in October.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Storebrand ASA published the original content used to generate this news brief on November 04, 2026, and is solely responsible for the information contained therein.