REattempt
Recycles dryer sheets
- Joined
- Feb 27, 2010
- Messages
- 293
Yves Lamoureux, president of Lamoureux & Co. says "If you buy and hold your bonds for the next ten years you'll get crushed."
Beware of Bonds: Long-Term Investors Will Get Crushed Says Lamoureux | Breakout - Yahoo! Finance
Premise is that the once in a lifetime opportunity in bonds is gone...that because of the European debt crisis and frustration with equities, money flowed to the US for safety. That momentum is now over and the opportunity is gone.
You will now be returned to your regularly scheduled programming: Downgrade of US treasuries and potential inflation will now drive bond yields up and your bond holdings will get crushed over the next 10 years.
Beware of Bonds: Long-Term Investors Will Get Crushed Says Lamoureux | Breakout - Yahoo! Finance
Premise is that the once in a lifetime opportunity in bonds is gone...that because of the European debt crisis and frustration with equities, money flowed to the US for safety. That momentum is now over and the opportunity is gone.
You will now be returned to your regularly scheduled programming: Downgrade of US treasuries and potential inflation will now drive bond yields up and your bond holdings will get crushed over the next 10 years.