One of the challenges pointed out by many is the fact that the 60/40 portfolio has been juiced over the past 30 + years by the seemingly never -
ending bond bull market.
Not exact matches
But with the Federal Reserve tapering its purchases of
bonds and signaling that it could soon begin to tighten monetary policy, more and more experts have been declaring an
end to the
bull market.
«That will define the
end of the
bond bull market from a classic chart perspective, not 2.60,» he added.
During a webcast presenting his 2017 outlook, Gundlach, the founder of DoubleLine Capital, said certain «second - tier» managers were focusing on 2.6 % as an important level for the 10 - year Treasury yield — a threshold beyond which the
bull market in
bonds would
end.
A sharp sell - off in
bond markets this week spilled over into global equities with jitters that a near 30 - year run
bull run for fixed income could be coming to an
end.
And then there are the more endemic challenges of lofty stock valuations, ballooning budget deficits, and the turbulent
end of a three - decade - long
bull market in
bonds.
DoubleLine Capital's chief investment officer, Jeffrey Gundlach, is similarly wary of the signals being flashed by
bonds, though he hasn't yet gone as far as to call the
end of the
bull market.
But amid the optimism, some investors also have an eye on potential causes for concern, including the
end of the
bull run for
bonds and persistent low volatility in
markets.
The 35 year
bull market in
bonds most likely
ended on July 8, 2016 when the 10 year maturity U.S. Treasury Note yield hit an all - time low of 1.36 %.
The central bankers have painted themselves into a corner and will trigger the next economic crisis, as the
end of the 30 - yr
bond bull market nears.
It's just another number, but the milestone is widely viewed as another sign that the secular
bull market in
bonds that's prevailed for decades has
ended.
The
end of the decades long
bull market in
bonds has been anticipated for years, but that doesn't mean the
bond market is headed for a precipitous decline.
-LSB-...] why Wall Street's significant call on the
bond market place is all wrong — In excess of and more than we have read Wall Road call for the
end of the thirty - calendar year
bond bull market -LSB-...]
The
market dogs that didn't bark Stocks plunged, but oil prices,
bond prices and currencies were calmThe correction in the stock
market probably doesn't mean the
end of the
bull market, because of the dogs that didn't bark, writes Anatole Kaletsky.
I have never seen a
bull market, especially a long - enduring one such as the
bond bull market that started back in 1981, that failed to
end in total euphoria and universal acceptance of the prevailing trend.
The
bond bull market may have
ended, i.e. rates have probably bottomed, but normal is a long ways away.
Bull markets rarely
end when the earnings yield on stocks — now around 6 % — is higher than benchmark
bond yields.
The
bond bull market may have
ended, i.e. rates have probably bottomed, but normal is a long ways away.
The 30 - year
bull market we've seen in
bonds will come to an
end when interest rates start rising.
Gross: The secular 30 - yr
bull market in
bonds likely
ended 4/29/2013.
Said differently, the secular
bull market in
bonds that had made
bond indexing so difficult to beat appeared to be
ending, and we thought adding actively managed funds improved our ability to deal with a potentially rising interest rate environment.
Given recent price and economic momentum, we are reasonably confident the bear
market in EM assets — five years long for EM equities and currencies, and three years long for EM local currency
bonds — came to an
end in January 2016, and the early stages of a
bull market look to be well underway.
For 30 years, mainstream analysts have been declaring the
end of the secular
bull market in
bonds.
The wipeout was such a jolt to the
markets that some analysts on Monday were predicting the
end of a 30 - year - long
bond market bull run.
Bull markets rarely
end when the earnings yield on stocks — now around 6 % — is higher than benchmark
bond yields.
He doesn't dispute the fact we appear to be at the
end of a 30 - year
bull market in
bonds, but Vanguard still believes
bonds play a significant role as risk dampeners in portfolios.
When we're surely near the
end of a decades - long
bond bull market (2.38 % on 10 year USTs & 0.98 % on Bunds)!?