In a Vexing Fixed Income Market, Don't Rush to Eliminate Bonds
May 5, 2021 With Treasury yields soaring, punishing other corners of the fixed income market in the process, advisors have their work cut out for them. Clients may be getting skittish about bond allocations, and the previously trusted 60/40 portfolio mix may not be as valuable as it once was. In other words, it’s easy to see why clients may want to ditch bonds altogether, but it’s crucial for advisors to remind them about the diversification benefits offered by these fixed income products. “Vanguard research found that when stocks worldwide sank an average of roughly 34% during the gl...
Source: etftrends.com