The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content


(Getty Images/Comstock Images)

The big risks in tiny yields

Now this is getting ridiculous.

Government bond yields, which were nearly universally forecast to rise this year, have instead fallen with a thud. The result? An apparently calm but inherently unstable market where microscopic yields are forcing investors, from big pension funds to ordinary retirees, to take on more and more risk in pursuit of adequate returns.