As a shaky bond market (TLT -0.8%) helps snuff out an early rally for stocks, Bill Gross reminds...


As a shaky bond market (TLT -0.8%) helps snuff out an early rally for stocks, Bill Gross reminds the Fed isn't hiking rates for years, and it makes intermediate-term Treasurys a buy at yields greater than 2%. The 10-year yield is up 3 bps to 2.22%. Treasury ETFs (long and short) in the 7-10 year range: IEF, PST, ITE, TENZ, TYNS, UST, VGIT, TBX, GVI.

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Comments (4)
  • Zenith Strategies
    , contributor
    Comments (691) | Send Message
     
    This back up in yields is likely temporary. Add to quality intermediate bond funds.
    12 Jun 2013, 11:03 AM Reply Like
  • hummerh25
    , contributor
    Comments (99) | Send Message
     
    They still say a world depression is on the way. Bond yields should stay low for a couple more years.
    12 Jun 2013, 11:27 AM Reply Like
  • Herr Hansa
    , contributor
    Comments (3130) | Send Message
     
    I am debating adding more shares of GVI though I think we may see slightly more downside soon.
    12 Jun 2013, 02:02 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (3721) | Send Message
     
    10 Year is still below the Mar 2012 peak @2.40. Midpoint of 12 month range of 1.38 - 2.30 is 1.84. If Gross is right, yield is ahead of itself therefore 2% plus is a good buy.
    12 Jun 2013, 02:43 PM Reply Like
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