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Alternatives to bonds for hedging equities

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Prior to the pandemic, Treasurys, Chinese bonds, the U.S. dollar, and Japanese yen would have made reasonable equity hedges. Since the pandemic, only the U.S. dollar saw its hedging efficacy strengthen. Treasurys, Chinese bonds, and the Japanese yen all lost hedging efficacy.

Ned Davis Research | Fixed Income | Focus | Bi-Weekly

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