Bonds: not to be forgotten
Dividend and earnings yields on many equities now exceed bond yields. Today’s investment professionals have rarely seen this circumstance. This situation is prompting many to eschew bonds in favour of higher stock allocations. In the context of history, this isn’t so unusual but bonds will continue to play key roles for institutional portfolios. Yield argument […]
- January 12, 2011 September 13, 2019
- 11:16