Inside ETFs: Bonds are 'not great investments'
Some money managers are urging clients to take another look at an asset class many have grown to despise, as tempting yields draw investors back into bonds. But David Aspell from Mount Lucas Management told Reuters that in an inflationary world where the Fed is unable to respond effectively, fixed-income markets can selloff quite aggressively - meaning investors may need to look to other assets to diversify their portfolios.
Some money managers are urging clients to take another look at an asset class many have grown to despise, as tempting yields draw investors back into bonds. But David Aspell from Mount Lucas Management told Reuters that in an inflationary world where the Fed is unable to respond effectively, fixed-income markets can selloff quite aggressively - meaning investors may need to look to other assets to diversify their portfolios.
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