How to fly to safety without overpaying for the ticket

For most active investors treasury bonds (govs) provide diversification and thus reduce the risk of a portfolio. These features of govs become particularly desirable in times of elevated risk which materialize in the form of the flight-to-safety (FTS) phenomenon. The FTS for govs provides a shelter...

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Bibliographic Details
Main Authors: Kaczmarek Tomasz, Grobelny Przemysław
Format: Article
Language:English
Published: Sciendo 2023-04-01
Series:Economics and Business Review
Subjects:
Online Access:https://doi.org/10.18559/ebr.2023.2.738