Jerry

Investment Theses: Long-dated Gov’t bonds will no longer be an effective diversifier

As the global banking system continues this trend of further benchmark yield compression close to and/or below zero % yield, it's worth thinking about the implications the importance and direction of holding long-dated government bond as a portfolio diversifier. My take on this whole global yield compression is (1) we will likely continue to go … Continue reading Investment Theses: Long-dated Gov’t bonds will no longer be an effective diversifier