Invesco is optimistic about this type of fixed income asset. Against the backdrop of rising concerns over the depreciation of the US dollar and changing interest rate environments, more and more investors are turning to non-USD assets for safe haven. This shift in allocation reflects a global reassessment of geopolitical and exchange rate risks. Institutional investors are adjusting their asset allocations, no longer relying solely on USD assets. Fixed income products offer stable cash flows and are particularly sought after in volatile markets. Especially those bonds and fixed income assets denominated in non-USD currencies have become key focus areas for institutions. This trend is worth continued observation.