(Bloomberg) -- The steepest decline in Treasuries
since 2004 is convincing even the most bullish investors that U.S.
government bonds are now in a bear market.
Bill Gross, the manager of the world's biggest bond fund at
Pacific Investment Management Co., and Dan Fuss, whose Loomis
Sayles Bond Fund has been the best performer among its peers the
last decade, are preparing for higher market rates after yields
on 10-year Treasuries, the benchmark for home mortgages and
corporate borrowing, rose to a five-year high last week.
Read more at Bloomberg Bonds News
since 2004 is convincing even the most bullish investors that U.S.
government bonds are now in a bear market.
Bill Gross, the manager of the world's biggest bond fund at
Pacific Investment Management Co., and Dan Fuss, whose Loomis
Sayles Bond Fund has been the best performer among its peers the
last decade, are preparing for higher market rates after yields
on 10-year Treasuries, the benchmark for home mortgages and
corporate borrowing, rose to a five-year high last week.
Read more at Bloomberg Bonds News
No comments:
Post a Comment