Investors should think again if they still believe government bonds are always a safer bet than equities, Mark Andersen, Head of Investment Strategy at UBS Wealth Management Research, told Reuters.
“The return outlook for government bonds is close to awful,” Andersen said, adding real returns — after accounting for inflation — were in some cases zero or even negative. “This is neither profitable for the client nor for us.”…….
Hat tip to Sanjeev Kulkarni.