Monday, March 8, 2010 - 8:06 PM
Fortune Magazine's Allan Sloan says that interest rates will eventually go "way, way up"
What sector should we watch for the next bubble?
Sloan: Well, the obvious one are a long-term U.S. Treasury securities. Because I don't doubt the Treasury's ability to print dollars and repay its debts, but I think interest rates on these things, like many people, are going way, way up, and if you buy a 30-year Treasury now, I think you're going to come to regret it.
2,281 posts since
May 9, 2010
Rep Points: 3,699