According to Dan Ivascyn and Mark Kiesel, fund managers in one of the largest hedge funds, PIMCO, claim that 3% yield on 10-year bonds will be a signal to buy shares rather than the beginning of a market correction.
"Investors will target a portion of their funds on the bonds, and that really happens at the moment, but it does not mean they will pull everything out of the stock market," said Mark Kiesel, Chief Investment Officer of Pimco. The main current shareholder is the dividend shares.
Jeffrey Gundlach of DoubleLine Capital CIO and Scott Minerd of Guggenheim Partners CIO backed Pimco managers and said 3 percent return on 10-year bonds would be a bear on the bond market.
Source: Bloomberg Pro Terminal
Jr Trader Petar Milanov
Read more:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.