Not everyone is jumping because of dire warnings from
Pimco[see profile] star
Bill Gross on the ramifications of razor-thin yields on Treasurys, the
Wall street Journal reports.
Total U.S. Treasury debt has increased to some $13.6 trillion in September 2010 from about $9 trillion in September 2007, according to data from the Treasury Department. Treasury bonds now make up some 33 percent of the Barclays Capital U.S. Aggregate Bond Index, up from less than 24 percent four years ago and the highest since the late 1990s, according to the pub.
Matt Tucker, head of fixed income at
iShares [see profile], told the pub that: "You have to make a choice whether to increase Treasurys or bet against Treasurys by buying something else."
And
Joseph Davis,
Vanguard Group's [see profile] chief economist, told the pub that: "When you start to tweak a bond portfolio, it's tricky to be successful. You have to anticipate events." 
Edited by:
Hung Tran
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