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. Follow up:
"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.