THE BASIS POINT

Time To Sell When Last Bond Bear Turns Bullish?

 

Following Bill Gross admitting he was wrong betting that Treasuries would sell, this is a good Marketwatch piece questioning whether his mea culpa means it’s time to sell bonds. If that theory is true, rates would rise. But read Gross’ comments from yesterday which confirm that rates could actually drop before you decide.

 

READ OUR NEWSLETTER

YOUR COMPETITORS ALREADY DO

Comments [ 1 ]
  1. Dick Lepre says:
    September 1, 2011 at 12:54 am

    Gross’ bearish call a few months ago made no sense. The techs say that we are still in a bull market for Treasuries so, for now, Gross is in line with the techs. If folks knew just how bad GDP really was sentiment would change. Bogus deflaters used by BEA are exaggerating GDP.

    Reply

WHAT DID WE MISS? COMMENT BELOW.

All comments reviewed before publishing.

1 + 2 =

x