Bloomberg: “A $19 Billion Bond ETF Shows the ‘60/40’ Strategy Still Works”By admin_45 in IN THE NEWS
Excerpt from Bloomberg quoting DataTrek co-founder Nick Colas:
.... "The fact that this measure signals long-dated Treasury volatility is above its historical lows means that the debt can still serve as a “reliable hedge” of equity risk, according to DataTrek’s Nicholas Colas. The traditional portfolio mix of 60% stocks and 40% fixed-income -- a bedrock principle of investing for decades -- has come into question lately with bond yields near all-time lows. But this analysis suggests there’s still room for rates to fall should stocks stumble, he said"....
Read the full article here on Bloomberg!