Zortix matched this thesis to Rates & bonds ETFs as the exposure the bearish case argues against, most actionable for readers who already hold them. Not a recommendation.
Fixed income alternatives to long-term government bonds
The case was made that investors seeking yield in fixed income should look beyond long-term government debt to other parts of the fixed income universe that offer meaningful yield and uncorrelated returns.
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The Callback
Credit spreads signal market complacency
42 weeks between these two statements.
The guest argued for diversifying fixed income allocations by adding non-US sovereign bonds to reduce concentrated US Treasury risk.
The case was made that investors seeking yield in fixed income should look beyond long-term government debt to other parts of the fixed income universe that offer meaningful yield and uncorrelated returns.