Really? Treasuries Are Still the Place to Be


Last week when the S&P was tipping its hand that it would downgrade U.S. sovereign debt, I was amazed that investors stll poured into the securities --- while selling everything else. A friend, who was a hedge fund analyst (he's currently unemployed), put it this way: "U.S. debt is the best house in a very bad neighborhood." See the quote of the day, a similar sentiment, from today's

From a story, Treasurys Rally as U.S. Debt Remains Go-To Haven: "Double-A plus is the de facto triple-A," said James Paulsen, chief investment strategist at Minneapolis-based Wells Capital Management, which manages $342 billion. "There is a lot of fear in the markets right now and Treasurys are still the place to go."

Please or Register to post comments.

Blog Archive
Investment Category Sponsor Links
Practice Management Category Sponsor Links

Sponsored Introduction Continue on to (or wait seconds) ×