Why Global Bonds? This. by Alliance Bernstein
Mangrove Partners Narrowly Avoids “Extinction-Level Event”
Hedged global bonds captured 96% of US bonds’ positive returns over the last 25 years. And, they preserved more capital during down periods, with a down capture of just 65%. Worried about negative rates abroad? Hedging into dollars boosts low and negative yields into competitively positive ones.
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