Investors getting gouged in pursuit of safety: Art Steinmetz
The flood of assets into U.S. Treasuries and bond funds over the past few years is not symptomatic of a bond bubble, but of a risk-averse investor universe,
The flood of assets into U.S. Treasuries and bond funds over the past few years is not symptomatic of a bond bubble, but of a risk-averse investor universe, according Art Steinmetz, chief investment officer of OppenheimerFunds Inc., who warned advisers not to let their clients make that mistake.
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