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Fortune Magazine's Allan Sloan Says That Interest Rates Will Eventually Go "Way

Monday, March 8, 2010 - 8:06 PM
Fortune Magazine's Allan Sloan says that interest rates will eventually go "way, way up"

<snip>

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.

http://marketplace.publicradio.org/display/web/2010/03/08/am-sloan/

 
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