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
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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