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"Treasury bonds are essentially a speculative asset here," writes John Hussman, cutting the...
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Monday, June 4, 2012, 12:50 PM ET"Treasury bonds are essentially a speculative asset here," writes John Hussman, cutting the duration of his fund's bond holdings to less than a year. While the plunge in yields confirms his view of "a dire economic picture," 1.5% "leaves little on the table but speculative merit."
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Best move you can make!
Very smart!