China is the only large economy offering investors positive real yields.
@Gavekal via @SoberLook https://t.co/VawHnI046x
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from