The Asset Category No One Talks About

Most investors diversify internationally with stocks, but stop short when it comes to bonds. Dan Shaykevich, lead portfolio manager for emerging market debt and head of multi-sector strategy at Vanguard, makes the case for why international bonds deserve a place in your portfolio, and how to think about currency risk as a feature, not a flaw.

All investing is subject to risk, including the possible loss of the money you invest. Investments in bonds issued by non-U.S. companies are subject to risks including country/regional risk and currency risk.