Bond Investors: Manage Volatility If You’re Concerned about Liquidity
July 30, 2015 at 15:15 PM EDT
As the political crisis between Greece and greater Europe continues to evolve, markets around the world are exhibiting ever greater levels of volatility. As Mario Draghi commented, “We should get used to periods of higher volatility.”1 We agree, and given fixed income’s typical role in a portfolio...