Mark Twain once stated that history does not repeat itself, but it often rhymes. Join us as we take a look back to the past to see what the future may hold for bond investors, given the many uncertainties. Our broad takeaway is that a low-return environment could likely be the norm, and the 1950s may provide a rough guide of what to expect. The monetary policy backdrop and bond market of the early 1950s bears some resemblance to today’s environment...