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Bill Gross - The 10-Year Treasury Yield Should Be 2.2%

June 28, 2013 | About:
Canadian Value

Canadian Value

134 followers
Is 2.2% a fair return to lock your money in at for the next 10 years with the U.S. government?

The "Bond King" Bill Gross thinks that the 100 basis point increase in the 10 year rate over the last few months to 2.6% is too much. Instead Gross thinks 2.2% is a "fair" yield.

Gross thinks the Federal Reserve has been too optimistic on growth and therefore the "tapering" comments are premature.

For the life of me I can't imagine wanting to tie up my cash at 2.2% for the next ten years with every Central Banker of any consequence in the world printing money, but Gross is "the man" when it comes to bonds so perhaps we should listen to what he has to say.....

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Canadian Value
http://valueinvestorcanada.blogspot.com/

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