Not All Bonds are Bad

With risk no longer being rewarded and perceived safe havens losing cash - should investors give up on fixed income altogether?

Emma Wall 21 May, 2014 | 9:23AM

Emma Wall: Hello, I'm Emma Wall. I recently had the chance to talk to Paul Read of Invesco Perpetual at the Morningstar Investment Conference on why not all bonds are bad. Here is what he had to say.

I thought I'd start with a very interesting point that you made about the fact that Apple a cash-rich company is yielding more than Spanish government bonds, who unfortunately aren't very cash rich at all. How did this come about?

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Emma Wall  is former Senior International Editor for Morningstar

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