-
Market prices of subprime bonds reflect "extremely harsh assumptions for how borrowers will behave, " said Jeffrey Wheeler, a portfolio manager at Smith Breeden Associates in Durham, N.
WSJ: Toxic? Says Who? Taste
-
The 30-year TIPS bond is now priced as if inflation will be 1.94% through 2020, according to fixed-income managers Smith Breeden Associates, down from 2.14% in July.
FORBES: Who Wants To Bet On 2% Inflation?
-
"The Fed will drag rates down everywhere just by holding the short-term rate lower in the U.S., " says Dan Dektar, chief investment officer at Smith Breeden Associates in Durham, N.
WSJ: The Intelligent Investor: Why Bondholders Should Be Worried