By Matthew Sheridan
As economic cycles enter their later stages, investors sometimes find that they're taking too much risk to generate income. There's a strategy that can help - and we think now is the time to use it.
Pairing high-yield corporate bonds and other credit assets with high-quality government debt in a dynamic "barbell" strategy has been a good way to generate income while limiting downside risk. This is mainly because the return streams tend to be negatively correlated; one does well when the other struggles, and a manager can alter the weightings as