After years of American stock market dominance, global equities beat U.S. stocks by about 10% in the first half of 2025—one of the widest gaps seen in decades. While the S&P 500 still stands as the ...

# “It has the same repayment risk and same rollover risk as before. The one-year bond was created out of necessity because of lack of investor appetite for longer-term paper. There is nothing exotic ...