Friday, January 18, 2008

BCA: Take P)rofits On Long Duration


This the third post in 2 days linkiing to someone suggesting the move up in bonds is overdone. I have been bullish bonds and getting nervous about the low yields of 5 year and 10 year treasuries but consensus top picking makes me uncomfortable.

BCA: Valuation and other yardsticks argue that investors should trim bond duration to benchmark.

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