“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:
Pittsburgh Residents Being Fined For Parking In Their Own Driveway
Iraq-Turkey oil export pipeline seen back in 72 hours after new attack
Man charged in rape that another man spent 13 years in prison for
Alfred McCoy: The Future of the American Empire
San Francisco public transportation system shut down by striking union workers
European central banks to shun fresh gold sales limits
Swiss voters reject world's highest minimum wage, block fighter jets
New study reveals: Marijuana may slow, halt progression of Alzheimer's
Europe's central bank chief above Fed chair in power
Ireland Lobbies to Have Europe Share Banking Risk
Econ 101 for Panama: New Price Controls Bring Rampant Shortages
EU to help dairy sector hit by Russian food import ban
France passes 75% 'millionaire's tax'
Investors are lining up to get into Iran
U.S. gives ‘full backing’ to Israel while urging de-escalation of Gaza violence