The basic appeal of foreign bonds is the diversification benefits they offer to most other asset classes. As the table below shows, there's low and in some cases virtually zero correlation between foreign bonds (represented here by the Citi World Gov't Bond Index Non-$ Index, unhedged) and the major asset classes.
Amex: BWX
No comments:
Post a Comment
Thank you for commenting. I reserve the right to remove comments which are offensive in nature and thus do not contribute to the discussion.