David Rosenberg: Secular Bull in Bonds is Dead, but Expect a Near-term Rally

David Rosenberg is sticking with his long-term call on the end of the US government bond bull market, but he says we could see a near-term rally due to 4 factors:

• Treasuries are oversold.
• Sentiment on bonds is extremely negative.
• Sizable net speculative short position in bonds.
• Yield curve has hit near maximum steep levels.

Source: Gluskin Sheff

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Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

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