Bridging the growth gap

Global equities had a tough 2000, as all the signs showed the US economy is finally slowing down, with some even talking of an impending recession. However, it is not doom and gloom for all players in the financial markets, as leading government bond markets especially US Treasuries ended the year with total returns in the region of 10% to 15%.

Whether or not the trend of bonds outperforming equities will be continued into 2001 is uncertain, as many feel the fixed-income markets are now ahead

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