End of the bear flattener
Posted: December 19th, 2016, 1:27 am
Many pundits are predicting the end of the bond bull market. Personally I am skeptical. Clearly bonds are not as cheap as in 2006-7, but with the end of the bear flattener around August 2016 and recent bear steepening I think bonds are becoming attractive again.
I have recently bought US treasuries worth about 7% of our net worth, partly offsetting existing short JGB positions of 37% of net worth.
Anyone else buying Treasuries or other government bonds?
GS
I have recently bought US treasuries worth about 7% of our net worth, partly offsetting existing short JGB positions of 37% of net worth.
Anyone else buying Treasuries or other government bonds?
GS