The 10-year notes are reasonable to get in at these yield levels compared with a month ago.
More Quotes from Shun Totani:
We will see the Fed raise rates tomorrow but beyond that, it will depend on the economic data, which is pretty mixed right now. We are not buying Treasuries.Shun Totani
The housing market slowdown will have a direct impact on a drop in consumer spending and slowing growth later this year. This is a good time to be buying bonds with yields at these levels.
Shun Totani
The U.S. is still our choice. Treasury yields are higher.
Shun Totani
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