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Marc Faber: "Around this level, government bonds in the US are the short of the century"CNBCAug. 08, 2011 |
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 [...] The selloff in stocks has boosted safe-havens including Treasurys, driving 10-year yields down to 2.35 percent, despite Standard & Poor's downgrade of the U.S. credit rating. Faber, along with Jim Rogers, believes Treasurys are overvalued and that yields will have to rise. "In my opinion, around this level, government bonds in the US are the short of the century," he added. Read More |
