There’s No Place to Hide as Bonds Move in Tandem With Equities

Investors who’ve tried to balance their holdings between stocks and bonds may be less protected from asset-price swings than they think.

Here’s why: bonds globally are becoming more volatile as the Federal Reserve considers raising interest rates for the first time since 2006. And the debt, traditionally thought of as a haven investment, has been moving in tandem with stocks during recent periods of turmoil.