Gross: Markets ahead of themselves with rate hike expectations


"First Fed Funds hike in December 2014," asks Bill Gross. "I think bond markets have it wrong ... Can 49ers win the Super Bowl? Same odds."

Gross doesn't think higher rates at the short term are coming before 2016 at the earliest, giving traders on the short end opportunity as Eurodollar futures have priced in one rate hike by the end of this year and a more than 100 bps of tightening by the conclusion of 2015.

Short and medium duration Treasury ETFs: SHY, IEF, PST, IEI, TYO, DTYS, BIL, UST, SHV, TBX, VGIT, VGSH, GSY, SCHO, DTYL, SCHR, TYD, ITE, DTUL, TUZ, SST, FIVZ, DTUS, TBZ, DFVL, DFVS, TYNS

From other sites
Comments (1)
  • bbro
    , contributor
    Comments (11227) | Send Message
     
    And a 3% libor ain't happening until September 2017....
    22 Jan 2014, 12:43 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs