Bonds Trading At A Bargain Right Now? | Jim Masturzo
Is it time to start taking on more duration?
Today's guest has a contrarian bullish view on bonds, especially when looking out over the next 3 to 5 years.
While consensus still leans cautious, his take is that this moment offers a rare setup for strong bond performance.
Why?
Well, let's ask the man himself.
Today we have the good fortune to welcome to the program Jim Masturzo, CIO of Multi-Asset Strategies at Research Affiliates. Around $150 billion in assets are managed worldwide using investment strategies developed by Research Affiliates.
Because he assesses that bond yields are much more likely to go down than up from here, Jim thinks now is the time to start increasing your exposure to duration.
Learn the details why by clicking here or on the video below:
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Adam’s Notes: Jim Masturzo (recorded 8.18.25)
EXECUTIVE SUMMARY:
Jim Masturzo views the economy as showing increasing fragility, with slowing growth, labor market cracks, and tariff impacts, but not yet in recession territory; he recommends diversification away from overvalued US equities.
Bonds are undervalued due to market overreaction to debt/deficit concerns, with yields biased lower from potential Fed interventions, economic slowdown, and foreign demand resurgence.
Tariffs may cause incremental inflation but
