1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
CanadianValue
CanadianValue
Articles (4624) 

Bond Guru Bill Gross Likes 5-Year Treasuries, Advises Staying Away from the 30-Year

January 04, 2013 | About:

Pimco's king of bonds was on Bloomberg this morning for an extended interview. His observations include:

- The jobs report today tells us the economy is doing "all right," but it faces a lot of structural headwinds.

- The positives in the U.S. economy are energy production and housing; the fiscal drag from the cliff deal will offset some of these positives.

- He is afraid of the 30-year Treasury because of the possibility of inflation out in the future; the five-year Treasury on the other hand is reasonable.

- He thinks it is possible that we hit 240bps on the 10-year Treasury only if the Fed abandons quantitative easing.

- In Europe he would be overweight Italian bonds and underweight German.



About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 3.0/5 (2 votes)

Comments

Please leave your comment:


More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by CanadianValue


User Generated Screeners


pbarker46Low short
keepcoolPEPV0.3-1AvgTrV100000GrossMarg
HOLKLSUCut the Mustard Chemicals Meta
oskouiJap - PioEY
oskouiCanada - PioEY
OGCAMGUpdated Bad Current Ratio 2017
sbeccuegf10YR 10% BOOK
sbeccuegfBANKS 10 ROE
stewloewySL-Default Template
rmaluskiOE + Div Growth Hold List
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK