As slowing Chinese economic growth bolsters demand for the safest assets, bonds are slated to outmatch stocks worldwide for a second year.
This was the first time it has occurred in more than a decade.
According to the Bank of America Merrill Lynch, the Global Broad Market Index of bonds has climbed 1.3%. The MSCI All Country World Index of shares has slid 3.1% this year, including reinvested dividends.
Bonds have not surpassed stocks for two straight years since 2001 and 2002 when a bubble in technology shares surfaced.
The material has been provided by InstaForex Company – www.instaforex.com