Why ultra low government bond yields should 'give pause for thought'
Hector Kilpatrick of Cornelian Asset Managers
Investors have piled into bonds such that more than $15trn worth are now negative yielding if held to maturity – a new record.
The consequence of this has been something of a feeding frenzy as investors have rushed to buy higher yielding credit and bond proxy/structural growth equity assets. Wealth managers dump UK assets...
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