Comments on: Bought 20-Year TIPS http://thefinancebuff.com/2008/06/bought-20-year-tips.html like a friend telling you about money ... Sun, 14 Mar 2010 23:00:26 -0500 http://wordpress.org/?v=2.8 hourly 1 By: TFB http://thefinancebuff.com/2008/06/bought-20-year-tips.html/comment-page-1#comment-678 TFB Fri, 06 Jun 2008 19:36:00 +0000 http://blog.thefinancebuff.com/?p=264#comment-678 Bill Gross likely said TIPS are <i>overbought</i>, not oversold. They may have been overbought a few months ago. The chart I included shows the price for inflation protection has come down to a level which I consider reasonable.<br/><br/>It's "2.2% + inflation", much higher than FDRXX. Bill Gross likely said TIPS are overbought, not oversold. They may have been overbought a few months ago. The chart I included shows the price for inflation protection has come down to a level which I consider reasonable.

It’s “2.2% + inflation”, much higher than FDRXX.

]]> By: AGG http://thefinancebuff.com/2008/06/bought-20-year-tips.html/comment-page-1#comment-677 AGG Fri, 06 Jun 2008 17:27:00 +0000 http://blog.thefinancebuff.com/?p=264#comment-677 I've read an interview with Bill Gross, who is a well recognized authority in bonds, manager of the Pimco Total Return fund. He said that the treasuries are way oversold and while it is not time yet to consider high-yield, he is moving into AA and A rated bonds.<br/>You are advocating TIPS, does it not bother you that it is so much oversold? Everyone is looking for a safe heaven nowdays. Last year it was international, then commodities and goverment-backed since S&P is still batting 1400.<br/><br/>Why bonds now at all? You are getting 2.2%, then by not cash? My fidelity FDRXX does better than that? I’ve read an interview with Bill Gross, who is a well recognized authority in bonds, manager of the Pimco Total Return fund. He said that the treasuries are way oversold and while it is not time yet to consider high-yield, he is moving into AA and A rated bonds.
You are advocating TIPS, does it not bother you that it is so much oversold? Everyone is looking for a safe heaven nowdays. Last year it was international, then commodities and goverment-backed since S&P is still batting 1400.

Why bonds now at all? You are getting 2.2%, then by not cash? My fidelity FDRXX does better than that?

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