Kessler: Treasury Bond Contrarian

Our guest is taking on the Wall Street consensus. The overwhelming sentiment from economists, analysts and strategists is that the great bond bull market, particularly in U.S. Treasuries, is over.  Treasury bonds have been described as extremely overvalued, risky and undesirable.  Not so says global bond manager Robert Kessler. He is sticking with his decade long, bullish view on Treasuries and says the Federal Reserve is in “no position to raise interest rates.”  WEALTHTRACK #1203. Broadcast on July 10, 2015

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