How bonds can still provide diversification to your portfolio, even though stock and bond returns are just uncorrelated.
stocks and bonds
Why Are Stocks And Bonds Both Down? Part II
Why have both stocks and bonds declined? Rising interest rates and poor earnings forecasts are only part of the story.
Why Are Stocks And Bonds Both Down?
Conventional wisdom dictates that bonds always protect portfolios from stock declines. If that’s true, how can stocks and bonds both be down?