Staggering statistic about the meager state of yields across the globe. From Bloomberg:
Forty-five percent of all government bonds yield less than 1 percent, Bank of America Corp. said, as central bankers in Japan, Europe and the U.K. decide on how to support their economies.
Not sure if the “old rules” will apply in the decades ahead about how much of your portfolio should be in bonds as you age. Will this type of yield provide sufficient income to retirees? Tactical asset allocation strategies that have the flexibility to find income and capital appreciation in other asset classes may prove invaluable in the years ahead.
