Powered by

While Wall St. Talks of Recession, Bond Investors Make a Killing

Aug 28, 2019 - The New York Times

You should have bought bonds. They’re doing great.

For stock investors, the trade war has been nothing but trouble. For bond investors, it’s been a dream.

Unable to stomach turbulence driven by the escalating conflict between China and the United States, and leery of a darkening outlook for the economy, investors have been pulling money out of the stock market and buying bonds, the traditional place to park cash during times of uncertainty.

The rush has turned parts of the...