Carlyle’s Bansal Says Bonds Shed Role as Stocks’ Shock Absorber
Carlyle Group Inc.’s asset-backed finance chief said traditional fixed income is losing its reliability as a portfolio shock absorber because those investments are becoming increasingly correlated with stocks.
<p>Carlyle Group Inc.’s asset-backed finance chief said traditional fixed income is losing its reliability as a portfolio shock absorber because those investments are becoming increasingly correlated with stocks.</p>