“Investor Jim Rogers joined Bill Gross, who runs the world’s biggest bond fund, in warning that a rout that sent Treasuries to their biggest loss last month in almost a year probably isn’t over. ‘I’m short long-term government bonds,’ betting the securities will fall, Rogers, the author of the book ‘Street Smarts,’ said yesterday on Bloomberg Radio. ‘I plan to short more. That bull market, that’s a bubble.’ In an interview with Bloomberg News on Oct. 28, 2009, he said Treasuries are the ‘next bubble in the making’ when yields on the 10-year note were 3.42 percent.”
Related posts:
Turkish PM urges end to Istanbul protests as police pull out after 2 days
India arrests man caught smuggling gold bars in cellphone
Google Glass targeted as symbol by anti-tech crowd
Hungary Bill to Require Banks to Give Loan Refunds
Senate Democrats to Obama: 'It Would Be Great To Have A Woman' As Fed Chief
NYPD agrees to purge database of people stopped by police
St. Louis residents became aware of Army nuclear waste dumping via HBO doc
Tilapia raised on feces hits US tables
Laos, Cambodia Stock Exchanges Have A Combined 3 Companies Listed
Trump signs order giving police greater authority, citing phantom "rising crime"
Vancouver businesses jump on the Bitcoin bandwagon
Syria Resolution Intentionally Vague, Obama Can Put Boots On The Ground
Use of garages as social gathering place spurs action by officials
Gideon Gono: I printed Zim dollar to stop coup
The Ron Paul Channel: libertarianism 'unfiltered and uninterrupted'