Aviva Fund Manager Urges Stock Diversification If Yields Hit 5%

What happened

A push in the US 10-year Treasury yield to 5% should prompt stock investors to diversify concentrated positions, according to Richard Saldanha, global equity fund manager at Aviva Investors.

Summary assembled by rule from the sources below

Timeline

1. 10:30
   First appeared on Bloomberg TechnologyBloomberg Technology

Sources