So bearish on Treasury bonds just a few weeks ago at yields 70 basis points higher, growing...

|By:, SA News Editor

So bearish on Treasury bonds just a few weeks ago at yields 70 basis points higher, growing numbers of bond managers now posit the 10-year could fall to 1.5% (currently 1.74%). "Fundamentals are out the window at this point," says Matthew Tuttle, who last week jettisoned a lot of stocks and high-yield paper from his portfolio to buy Treasurys. Cycles, gotta love cycles.