Generations of investors have learned the lesson of stocks for the long run: Buy equities, because they do better than safe Treasurys if held long enough to reward holders for the extra risk they’re taking. Sometimes that risk comes due, and now is one of those times. Bonds have been far outperforming stocks as it becomes clear that only the safest assets will avoid enormous losses amid the economic shutdown.

Source: Wall Street Journal April 04, 2020 14:15 UTC