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Why It’s Time to Rethink Bonds as Markets Near New Highs

Why It’s Time to Rethink Bonds as Markets Near New Highs
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Commentary

Bonds are often taken for granted by investors. In fairness, bonds tend to underperform stocks over the long term. Currently, stock markets are near all-time highs and returns have been strong in recent years, so this perspective is understandable. However, given today’s high valuations and growing global uncertainty, now is a good time to reassess fixed income, especially bonds.

Tom Czitron
Tom Czitron
Author
Tom Czitron is a former portfolio manager with more than four decades of investment experience, particularly in fixed income and asset mix strategy. He is a former lead manager of Royal Bank’s main bond fund.