Bond-investing giant Western Asset Management Co. is calling a top on the red-hot market for U.S. Treasury bonds and buying into corporate debt instead.
Panicked buying of U.S. government bonds in reaction to the global spread of the coronavirus has set Treasurys up for a fall, Michael Buchanan, the firm’s deputy chief investment officer, said Friday.
Your Editor are racist and Cheap. Big Blot on the name of Media. WSJ Editors team is seems to be paid by Extremist and terrorist as their team don't do fact check. Just for cheap popularity they wrote Fake news in Indian violence. Police FIR is being lodged against WSJ in India
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Stocks Strengthen Even as Treasury Rally Breaks New GroundThe rally in U.S. government bonds broke fresh ground, with the yield on benchmark 10-year debt briefly falling close to 1% after a week of plunging stocks and escalating bets on interest-rate cuts. Ded kat spingen! ('Dead cat bounce' in jibberish German) Thank god for currency manipulation, I mean stimulus.
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