Normally, bonds offer protection from a stock market storm. But this is a weird environment where bonds are not buffering the decline in stocks, they’re causing it.*
Earlier in the month, both stocks and bonds were in a 10% drawdown for the first time since 2008.
Earlier in the month, both stocks and bonds were in a 10% drawdown for the first time since 2008.
Bonds have had a rough run lately, but the next chart shows why you don’t throw them in the garbage when they’re treating you like trash. The …
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