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Pessimism grows at businesses, an NABE survey finding about two-thirds of corporate economists...

Pessimism grows at businesses, an NABE survey finding about two-thirds of corporate economists see GDP growth of just 1.1%-2% over the next year, nearly double the amount expecting such 3 months ago. Just 5% of those surveyed expect growth exceeding 3%. Priced in? Those buying the long bond at less than a 3% yield better hope not.
Comments (2)
  • I mean, how stupid are people buying bonds. Ben said he would keep the interest rate super low maybe through 2014. Only an Obama and FED hater would buy bonds and if they do they deserve to lose money..
    29 Oct 2012, 12:52 PM Reply Like
  • lower rates make bonds appreciate. that's when you should buy.
    30 Oct 2012, 10:42 AM Reply Like
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