$360,000,000,000 Asset Manager Says US Government Bonds No Longer Working As Hedge Against Risky Assets: Report

Kohlberg Kravis Roberts (KKR) reportedly says that US Treasuries are no longer an effective hedge against risk assets, creating a new demand for diversification. KKR, which had over $360 billion in assets under management as of the end of last year, says government bonds have ceased to act as “shock absorbers” for investors, Bloomberg reports. source: https://dailyhodl.com/2025/05/20/360000000000-asset-manager-says-us-government-bonds-no-longer-working-as-hedge-against-risky-assets-report/