Hoisington Q2: Long Treasuries – The Bullish Case

Hoisington Quarterly Review And Outlook - Second Quarter 2015 by John Mauldin, Mauldin Economics

In today’s Outside the Box, my good friend Lacy Hunt of Hoisington Investment Management reminds us that since the 1990-91 recession, the 30-year Treasury bond yield has dropped from 9% to 3%, a downward move nearly identical to the decline in the rate of inflation, which fell from just over 6% in 1990 to 0% today. Therefore, Lacy says, “(I)t was the backdrop of shifting inflationary...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

Quarter 2015 [+]    John Mauldin [+]    Mauldin Economics [+]    Lacy [+]    Treasury [+]   

More from #news