Tuesday, October 16, 2012

You Were Warned

Gross’s Burning Bond Market Fails to Frighten Investors - Bloomberg: "“The greatest irony here is the perception of safety in a fixed-income security,” said Mitchell Stapley, chief fixed income officer at Cincinnati-based Fifth Third Asset Management. “As the head fixed-income guy here, when I look at bonds today, they scare the hell out of me.”"


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