“U.S. Treasurys are perhaps not the risk-free assets they once were,” said Michael Hasenstab, who manages the Templeton Global Bond Fund. Countries that didn’t have the massive amounts of leverage and indebtedness before the recession “are coming out of this a lot quicker and without the overhang and inhibitors the U.S. is experiencing.”
Debt overload, and the hunt for a successor to US bonds
Most Popular Articles
Latest Articles
Why are existing home prices rising when sales are still so low?
Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.