He’s been badmouthing Treasury bonds since 2020, but now ‘the big fat cushion’ of 5.25% yields is turning this strategist bullish
- Treasury: 85 events in the last 90 days
- Previous: earlier the same day · US 30-year Treasury yield hits highest since 2002
What happened
Investors have become accustomed to returns distorted by artificially low interest rates. 5% on bonds and 6% on stocks are more realistic and Bianco finds value in U.S. Treasury notes now.
Summary assembled by rule from the sources below