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It May Be Time To Buy U.S. Treasury Bonds Again! March 11, 2011
Being Street Smart
Sy Harding
It May Be Time To Buy U.S. Treasury Bonds Again! March 11, 2011.
Slowing economic growth is usually a positive for bonds.
Bonds are bought as a safe haven when global stock markets are in corrections.
My technical indicators have reversed from a timely sell signal on bonds last November to a buy signal.
Bill Gross, founder and manager of PIMCO’s giant Total Return fund, said this week that he is negative on U.S. debt and has dumped all U.S. treasury bonds from his fund. And even that may be a buy signal.