Markets

Fund managers retain surprising optimism in the face of stagnant stock market and tumultuous bond market

Summary

Asset managers maintain unexpected optimism despite challenging conditions in the stock and bond markets. While some professionals plan to wait for bond yields to reach six percent before shifting away from equities, others are already moving their capital into fixed income assets.

Many asset allocators are waiting for bond yields to hit 6% before they flip the switch from equities to fixed income, but a significant portion are already making the transition.

Source: Read the full story at MarketWatch.com - Top Stories

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