BlackRock: As Fed Distorts Short-Term Rates, Better Value In Long Bonds – Income Investing – Barrons.com – Mozilla Firefox

BlackRock: As Fed Distorts Short-Term Rates, Better Value In Long Bonds – Income Investing – Barrons.com – Mozilla Firefox.

Hear, hear. 10s-30s have flattened to 88 bps. Retarded, if you believe in growth (and Yellen believes it too, for her to taper). Fair value is prob north of 100 bps. Long bonds have value now.

 

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