In this week’s article for TraderPlanet I take a look at the bull/bear case for 10-year Treasury bonds. Momentum doesn’t look too good but based on COT data there might be some bright spots.
Here’s a blurb:
There’s little doubt in my mind that going into 2013 one of the most hated asset classes was bonds. With the report from Lipper of massive inflows into equity mutual fund, the largest amount since March 2000, nearly every major Wall Street strategist turning into a bond bear and the likely lack of interest rate activity it’s easy to understand why people have turned sour on bonds. However we have had low interest rates for over four years with the only option for rates to rise, bonds still have performed handsomely. It’s been over 30 years that this current bond bull market has maintained its legs, and various indicators are giving mixed signals for whether or not its run can continue to run.
Go read the rest: Everyone Hates Bonds… Should You? (TraderPlanet)
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