Dr Gloom likes US and German government debt as safe-havens from economic turbulence.
With bunds at record high prices and US Treasuries at extremely lofty price levels (low yields) on a historical basis, it’s a bit late to join the party, Nouriel.
Dr Gloom likes US and German government debt as safe-havens from economic turbulence.
With bunds at record high prices and US Treasuries at extremely lofty price levels (low yields) on a historical basis, it’s a bit late to join the party, Nouriel.