Photographer: Ralph Orlowski/Bloomberg

Fifty Years of History Is Worth Braving for European Bond Buyers

  • Allianz Global Investors bought French and Belgian debt
  • BlueBay Asset Management says yields could fall further

A lot changes in half a century. In 1966, Europe was still rebuilding after World War II and divided by a Berlin Wall that was only five years old. Spain and Portugal were under dictatorships.

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