Asset Allocation
The Amazing 10-Year Treasury and Its Slow-Motion Future
Why the benchmark bond is expected to rise, but at a sluggish pace.
The firm’s Mike Wilson urges the use of a ‘barbell strategy’ to cushion the blow from a downturn—or higher rates.
Many institutions, wary of the asset class’s notorious volatility, keep their exposure low despite raw material price climbs.
One reason is that spending-happy Washington will need more central bank Treasury buying.
S&P 500 returns are mainly negative on day he announces decisions; not so for prior chairs.
The market won’t collapse all at once, yet the dip still will be painful, economist says.
Some 86% now invest in alternatives, says Nuveen survey.
These bonds, undergirded by pools of home loans, benefit from the zest to nest, federal support, and other forces.