at Nasdaq.com (Thu, 11:31AM)
Another story to sock away and revisit if bond yields ever race higher, U.K. pension funds have...
Another story to sock away and revisit if bond yields ever race higher, U.K. pension funds have more assets allocated to fixed-income than stocks for the first time in 50 years (U.S. plans made the crossover a few months back). It's easy to place to blame on crowd-following fund managers, but perverse regulations also force money into "safe" assets like government debt. (a kind word for the rush to safety)
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