It has now been over a year since the outbreak of the COVID-19 pandemic. During this time, economies have experienced one of the most severe recessions in the history of economics causing bond and equity markets internationally to fluctuate wildly. Meanwhile, despite significant job losses, bank deposits have ballooned, as consumers conserve cash through the uncertainty. Is this the time to be putting that hard-earned cash to work? If so, where? At the initial stages of the outbreak, investors, like anyone involved in running a business, were busy trying to assess the potential outcomes and implications of the spread of the virus. While some industries were clearly hit very hard, others, such as technology companies, actually benefitted. Similarly, the rush to take cover, combined with central banks flushing the financial systems with cash to avoid a repeat of the 2007/08 crisis, drove yields on high-quality bonds to record low levels, and bond prices to record highs. In fact, the universe of negative yielding bonds globally grew tremendously, reaching a peak of $18.4 trillion in market value in December 2020 according to the Bloomberg Barclays Global Negative Yielding...