The one asset class that investment chiefs are avoiding as ‘Trumponomics’ arrive
Returns for government bonds will be sad, a poll of CIOs found
Jan 24, 2017 4:08 a.m. ET | by Victor Reklaitis | MarketWatch
Some 83% of respondents to a Financial News poll of chief investment officers said government bonds are set for poor returns in the next 12 months.
As President Trump settles into his new job, Treasurys, gilts and the like ranked as the least attractive asset class by a comfortable margin.
This poll result suggests investors might want to steer clear of government bonds SHY, +0.08% in 2017, though contrarians now might see a reason to buy.