Record Stocks and 24-Year Yield Highs Push Money Into Bonds, Rewriting 60/40 Portfolio
Bond ETFs have drawn a report $525 billion this yr, in accordance with NovaDius Wealth Management president Nate Geraci. Yet many bond classes are posting losses, which strains the 40% bond slice of the 60/40 portfolio. The 60/40 portfolio holds 60% shares and 40% bonds. Geraci says report inventory costs helped the inventory aspect, however…
