Jim Rogers Joins Bill Gross Warning on Treasuries

“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.”

http://www.bloomberg.com/news/2013-02-07/u-s-30-year-bond-losses-pass-5-as-fed-price-gauge-rises.html

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