With the S&P 500 posting its biggest slide Friday since February, Treasuries rallied big time on haven buying and cushioned the selloff in global risk markets.
Gensler first raised concerns about bond transparency in September, saying he’d asked the SEC staff to recommend ways to make the markets for corporate and municipal debt and mortgage backed-securities less opaque.
So-called alternative assets, which also include digital currencies, private debt and private equity, “should continue to outperform into 2022,” JPMorgan strategists wrote.
The death of "60/40" has been pronounced before.