Investors disappointed by the performance of stocks since the start of the new millennium have found solace in the 6.7% annual return of Canadian investment grade bonds. Bond investors enjoyed an annual real (i.e. net of inflation) return of 4.6%, a hefty premium to historic norms. Now, with the stock market perking up, many investors are looking forward to more favourable returns adding a little more gust to their sails in the years ahead. Read more >
