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Nobody Likes Bonds!

Posted By Barry Ritholtz On January 17, 2014 @ 1:30 pm In Fixed Income/Interest Rates,Sentiment | Comments Disabled

fake yeild breakout [1]Earlier this week, we noted that “the Consensus Hates Bonds [2].” That is a small part of the reason my firm decided to increase our exposure to specific types of fixed income this year after having been significantly underweight bonds [3] in 2013. I mentioned we added preferreds and corporate fixed income, obtaining that exposure primarily though exchange-traded funds.

That struck a chord with J.C. Parets, a chartered market technician. J.C. is founder of Eagle Bay Capital, LLC, and is the author of the blog All Star Charts [4].


Continues here [5]

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URL to article: http://www.ritholtz.com/blog/2014/01/nobody-likes-bonds/

URLs in this post:

[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2014/01/fake-yeild-breakout.jpg

[2] the Consensus Hates Bonds: http://www.bloomberg.com/news/2014-01-14/the-consensus-hates-bonds-should-you-ritholtz-chart.html

[3] significantly underweight bonds: http://www.bloomberg.com/news/2014-01-16/crashes-corrections-and-monday-s-bear-market-.html

[4] All Star Charts: http://allstarcharts.com/

[5] Continues here: http://www.bloomberg.com/news/2014-01-17/nobody-likes-bonds-ritholtz-chart.html

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