Nice way to jump in front of a freight train. 30 yr is set to break all-time low yields.
http://www.cnbc.com/id/47344285
5/8/12
Doug Kass Shorts Bonds, Says Safety Premium Too Great
Forget stocks, famed market timer Doug Kass says investors should be playing the bond market â from the short side!
In fact, Kass is so bearish on bonds [US10YT=XX 1.833 -0.004 (0%) ], he says selling them short may be the trade of the decade.
Kass, who is president of Seabreeze Partners and a CNBC Contributor, doesnât tend to be terribly dramatic, nor does he often invoke the use of superlatives, so we were intrigued â especially when he told us his short position was the largest position he has ever taken in his partnership.
http://www.cnbc.com/id/47344285
5/8/12
Doug Kass Shorts Bonds, Says Safety Premium Too Great
Forget stocks, famed market timer Doug Kass says investors should be playing the bond market â from the short side!
In fact, Kass is so bearish on bonds [US10YT=XX 1.833 -0.004 (0%) ], he says selling them short may be the trade of the decade.
Kass, who is president of Seabreeze Partners and a CNBC Contributor, doesnât tend to be terribly dramatic, nor does he often invoke the use of superlatives, so we were intrigued â especially when he told us his short position was the largest position he has ever taken in his partnership.
Some do.
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