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Competition for yields is moving flows from stock market to bonds, CIO says
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September 15, 2023September 15, 2023Investing, Personal Finance

Hold cash for now, don’t buy debt and bonds

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Ray Dalio, billionaire and founder of Bridgewater Associates LP, speaks during the Milken Institute Conference Bloomberg | Bloomberg | Getty Images As concerns mount over rising interest rates and inflation levels, billionaire investor Ray Dalio says he prefers to hold cash for now, not bonds. “I don’t want to own debt, you know, bonds and...