With QE2 on the way, there are a contingent of investors who believe that even with interest rates near record low levels, long-term U.S. Treasurys are a can't lose proposition.
The argument goes that if the economy is weak, Treasurys will rally, and if the economy stabilizes or picks up, purchases by the Fed will support prices.
While the argument sounds good in theory, those buying Treasurys...
Read full article...
More on interest rates:
This could kill the bull market in gold
Marc Faber: A major market "turning point" is coming
Federal Reserve president: Zero interest rates are a "dangerous gamble"
No comments:
Post a Comment