Flight from fixed income: how the hunt for yield is changing the portfolio landscape

Real government bond yields - the annualised return a benchmark government bond generates once inflation is taken into account - have fallen to a record low, giving asset owners more reason to shift allocations to equity and private markets, but fixed income still has a part to play in a diversified portfolio, experts told AsianInvestor. The real yield on 10-year US treasuries fell further into negative territory to minus 1.127% last Monday (July 26), according to the Financial Ti…