Context
What happened: The French bond spread is at 1.69 percentage points and is rapidly approaching the peak reached at the height of the Eurozone debt crisis.
Key numbers: French bond
Why it matters: The author calls this a bond crisis, saying bonds have become a risky asset with deteriorated risk profiles, evaporated diversification benefits, and returns now positively correlated with equities. Pension funds are abandoning French government bonds.
Note: The content ends with promotion of the Blokland Smart Multi-Asset Fund and Blokland Sound Money Fund, which is the author's own product.
Coverage: 3 outlets in 24h
Why it matters
The author calls this a bond crisis, saying bonds have become a risky asset with deteriorated risk profiles, evaporated diversification benefits, and returns now positively correlated with equities. Pension funds are abandoning French government bonds.
Note: The content ends with promotion of the Blokland Smart Multi-Asset Fund and Blokland Sound Money Fund, which is the author's own product.