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Why You Should Buy U.S. Treasuries

Thursday, April 14, 2011 - 6:47 PM
This US News article is definitely contrarian, but it has some noteworthy points:
It has always been a bad idea to bet against America and our ability to prosper even against overwhelming difficulties. America will cut back its spending, innovate, and pay off its debts. We will earn our way out. It's just how we do it. Selling treasuries is a bet against our ingenuity, work ethic, and our breed of capitalism that has made more dramatic changes to the world in the last 100 years than during any other period in human history.

Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708
1. Thursday, April 14, 2011 - 6:56 PM
I found this sentence interesting: 
There is no more efficient market than treasuries, and the Fed has the ability to manipulate it--irrespective of Bill Gross's predictions.
MikeMike327 posts since
Feb 22, 2010
Rep Points: 876
2. Saturday, April 16, 2011 - 7:50 PM
I am not buying what this author is selling. Unless treasury yields go up another 200 to 300 basis points, I think I will pass.
loulou554 posts since
Aug 3, 2010
Rep Points: 3,434