25-05-2025
Long-Bond Revolt Pressures 60/40 Comeback in Chaotic 2025 Market
By , Liz Capo McCormick, and Joel Leon
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A slump in the US long bond is clouding the comeback of a classic investment strategy.
The so-called 60/40 portfolio — long recommended for investors who want to balance exposure to risk with a cushion of safer, steady income — calls for allocating 60% of holdings to stocks and 40% to bonds. While a bedrock of retirement savers over decades, the approach lost some of its luster in recent years as its underlying mechanism fell out of whack, with US stocks and bonds moving more in lockstep rather than offsetting each other.
