May
18
Safest Part of Bond Market Founders as Riskiest Flourishes
ByBonds that are typically used as a haven are tumbling while high-yield debt rallies.
Developed-market sovereign bonds around the world have fallen 0.4 percent in the past three months, with benchmark Treasuries sliding 0.5 percent, based on Bloomberg World Bond Indexes. High-yield securities returned 2.3 percent.
So-called junk bonds have become a haven for now as investors seek higher yields than they get from sovereign debt. Government securities are plunging after central banks that are trying to spur their economies with lower borrowing costs pushed yields down so far that investors went on strike. German bunds have slumped for four straight weeks…
Safest Part of Bond Market Founders as Riskiest Flourishes
