From AQR's view, Treasury bonds still offers diversification benefit for equity portfolio for the following...
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From AQR's view, Treasury bonds still offers diversification benefit for equity portfolio for the following reasons except for? a. Central banks have ability to limit inflation shocks b. Bond yield has already reached all time low levels c. There is no consensus of the lower bound of bond yield and yield could fall further in response to negative growth shocks d. Bond offers protection against deflationary environment
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