Romeo Fayette

Citigroup (C) analysts aren't mincing words about the rally in junk bonds, where yields have narrowed by 80 basis points relative to benchmark in two weeks: "This is starting to become a bit ridiculous."

Good spot, I actually hadn't seen that yet. It's important to keep your eye on Gross--whether you agree or not--because he does swing a large club.
That being said, I can't post an SA comment without a bit of sarcasm, so I'll add this: Bill Gross encourages Treasury buying, no way!


On Sep 21 03:55 PM ETFdesk.com wrote:

> Seems like Bill Gross is also seconding that opinion: He's advising
> to sell risk : equitues, corp and HY bonds and buy Treasuries: see
> article..
>
> www.etfdesk.com/headli...