Salient to Investors:
Steven Logan at Scottish Widows Investment Partnership said it’s not unhealthy for the bond market to have a reality check after a slightly chaotic spell of issuance with far too many transactions.
Bill Gross at Pimco said investors should position for the end stage of a supernova credit explosion as there is likely to be more inflation than growth – investable assets pose too much risk for too little return.
Read the full article at http://www.bloomberg.com/news/2013-02-04/investors-losing-money-on-new-bonds-with-sales-at-four-year-high.html
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