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Bonds may still be the best balm for a wary investor

Bonds may have fallen out of favour with some owing to low and negative yields, but from a risk-management perspective, there is still a case to be made for their inclusion in a portfolio, opines PIMCO. “Despite low yields, bonds can still diversify risk in broad portfolios,” because valuations may rise on a drop in interest rates, according to Jamil…

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