Bloomberg Wealth: Don’t Let the Bond Selloff Dismantle Your 60/40 Allocation Just Yet

The superlatives coming out of the bond market have been enough to get the attention even of investors who typically ignore the fixed-income side of their portfolios.

Yields on 10- and 30-year US Treasury bonds hit their highest point since 2007. It was a threshold crossing that left many wondering if they have the right asset allocation, especially if those moves are an indicator a recession is coming. The 60/40 equities-to-bond ratio has gotten heat in recent years, with advisers cautioning against a one-size-fits-all approach to investing. But before we get into all that…