Revenge Of The Bond Nerds -Barrons

Up & Down Wall Street – Revenge of the Bond Nerds, June 30th, 2010

 GROUCHO MARX FAMOUSLY SAID he wouldn’t want to be a member of any club that would have him. Based on that principle, when the crowd starts saying positive things about Treasuries, I get worried.

When Randy and Alan get on a roll, on a topic, they are relentless and in this case, it is one that is supportive of one of the most under-loved and downright HATED asset classes – USTs – and SO we had to put this up here just for goofs. The conclusions actually reads much more bearishly for USTS (and bullishly for stocks), 10yrs OUT. Reiterating it’s own thesis. Circular. Look kids, there’s Big Ben … Good times.

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