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"We are literally running out of superlatives to describe how much we hate bonds," writes Jeremy...

"We are literally running out of superlatives to describe how much we hate bonds," writes Jeremy Grantham. Low yields, the chance of a slight economic recovery, and easy central bank policy are his key reasons to avoid the paper. Stick with high quality stocks, whose move higher is just in the early innings.
Comments (2)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    So with all these people getting out of the overpriced bonds..you would think the price would drop and the rates go up....oh thats right...that is old school economics...taught without the Central Banks Involved..
    9 Feb 2012, 03:27 PM Reply Like
  • Chris Bersaw
    , contributor
    Comments (582) | Send Message
     
    Actually that's exactly what is happening, ten year yield at 2.05% up 3.65% that's on top of yesterday's gain too.
    9 Feb 2012, 04:13 PM Reply Like
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