For 10 years in the US you get 2.160%. Beats Germany at 0.254%
Bill Gross, speaking at a Bloomberg conference, says the US bonds are a relative bargain vs other countiries.
With US 10 year yield at 2.16% and German yields at 0.255%, France at 0.676%, Spain at 1.544% and UK at 1.0%, he has a point. Italy at 2.268%, Portugal at 3.08% and Greece at 6.058% have higher yields vs the US.
Other comments include:
- Credit cycle has largely played out
- Volatility will continue to be low
- IN bonds market the future returns going to be very narrow
- At some point the Fed crossed the line and went too low.
- Halcyon days of investing are over
- "Nowadays you'rr buying high and crossing your fingers" (ain't that the truth).