
Macro & Volatility™ #23: Bonds are Losing their Diversification Benefits
From Macro & Volatility™ by Josh Silva and Michael Purves
August 28, 2025 · 20 min · Episode 23
About this episode
The episode discusses the diminishing diversification benefits of bonds in the current market environment.
• Surprise — no surprises • Front end is clear • Back end is lost
People in this episode
Hosts: Josh Silva, Michael Purves
Topics covered
- bonds
- diversification
- investing
- macro economics
- volatility
Keywords
- bonds
- diversification benefits
- macro
- volatility
- investing
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