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Developed market sovereign bonds not “risk-free”, says Pictet

With long term interest rates being pushed near to or beyond negative by policy makers, investors should be wary of the “significant risk” posed developed market sovereign bond yields, according to Pictet Wealth Management’s most recent outlook. With global bond yields plunging to a new low in recent days, as “risk off” investors flock to developed market sovereign bonds, Christophe…

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