International bonds make up the single largest component of this global value of U.S. and international stocks and bonds. At $26 trillion, international bonds comprise nearly a third of the total global value of stocks and bonds (about $79 trillion), according to research by Vanguard.

Diversification is the obvious argument to include the largest of all asset classes. Nearly all advisors include international equities in portfolio construction, so why would we exclude the even larger asset class of international bonds?

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access