Why bonds remain relevant
The recent bond market turbulence witnessed a significant surge in 30-year UK gilt yields, while US government bond yields experienced record-level sell-offs. In fact, the US Treasury Index has been down for three years in a row now - a never before seen occurrence. In this episode of the Financial Standard podcast, Payden & Rygel portfolio manager Eric Souders delves into the continued relevance of bonds in investors’ portfolios.