PROJECT M
 

“Safe” bonds may be riskier than equities over the long term

There’s a strong belief in the investment community that highly rated government bonds are safer than equities. But is that completely justified, and does it define risk too narrowly?

© Renate Buser

“Safe” bonds may be riskier than equities over the long term

There’s a strong belief in the investment community that highly rated government bonds are safer than equities. But is that completely justified, and does it define risk too narrowly?

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