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August 31, 2011

Time To Sell When Last Bond Bear Turns Bullish?

August 31, 2011

Time To Sell When Last Bond Bear Turns Bullish?

Following Bill Gross admitting he was wrong betting that Treasuries would sell, this is a good Marketwatch piece questioning whether his mea culpa means it’s time to sell bonds. If that theory is true, rates would rise. But read Gross’ comments from yesterday which confirm that rates could actually drop before you decide.