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Bonds ‘Stink.’ Do They Still Have a Place in Client Portfolios?
Bonds just aren’t what they used to be.
Advisors are increasingly exploring alternatives to what was long a mainstay of client portfolios due to yields being near all-time lows as well as the risk of rising interest rates. For advisors and investors alike, it’s a tough problem to solve.
“Bonds stink right now,” Barron’s Jack Hough said on…