Friday, February 8, 2013

Jim Rogers Betting Against Bonds- It is All Artificial

From Bloomberg

“I’m short long-term government bonds,” betting the securities will fall, Rogers, the author of the book “Street Smarts,” said yesterday on Bloomberg Radio. “I plan to short more. That bull market, that’s a bubble.”

It isn’t the first time Rogers has predicted an end to the three-decade rally in U.S. government debt. In an interview with Bloomberg News on Oct. 28, 2009, he said Treasuries are the “next bubble in the making” when yields on the 10-year note were 3.42 percent.

U.S. inflation may pick up in 2014 to 2016, Pimco’s Gross said this month on Bloomberg Radio. Faster inflation “will create an upper drift in long-term yields,” he said.


And Roger's interview with CNBC

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