The End of the Bond Hedge?

A.M. Edition for Sept. 4. The world’s biggest wealth fund calls time on government bonds citing recent volatility. Allianz chief investment officer Ludovic Subran gives us his take on what is driving yields higher, whether the U.S. can outgrow its debt problem and what the bond rout means for your investments. Plus, diesel prices hit an all-time high, teeing up more inflation from farm to table. And battered by foreign competition, Volkswagen banks on six-figure job cuts as part of a major turnaround plan. Luke Vargas hosts.  Sign up for the WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.