August 9, 2011

REALITY, NOT IRONY:

Ironically, many seek safety of Treasury (Steven Syre, August 9, 2011, Boston Globe)

Investors are running away from risk like no time since the bleak days of 2008, and there aren't very many places to hide. [...]

And one place investors moved their money? To US Treasurys.

"That's ironic, right?'' asks Andy Johnson, senior bond fund manager at Neuberger Berman.


No. But it does demonstrate what a sideshow the debt kerfuffle was.


Posted by at August 9, 2011 6:43 AM
  

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