"Do you know what the loss would be on a 30-year Treasury if it went back ... just to the yield in force in 2011?" asks Jeff Gundlach, incredulous anybody would buy one (answer: 37%). If you need safety and yield, he says, buy Campbell Soup (NYSE:CPB) instead. Listen to why the hot-shots at his firm would rather day-trade Facebook than divine the Treasury market.
"Do you know what the loss would be on a 30-year Treasury if it went back . just to the yield in...
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About CPB Stock
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Symbol | Last Price | % Chg |
---|---|---|
CPB | - | - |
Campbell Soup Company |