Where the Value Is in the Bond Market, Part 1

The Treasury's surprise decision to stop issuing 30-year bonds prompted a massive rally in the long end of the Treasury market. I offered my thoughts on the Columnist Conversation and promised to give a fuller rundown on bond market sectors and where I see value.

I'll take a look at the long and short ends today, and then I'll examine the spread, or non-Treasury, sectors tomorrow. Regardless of where you think the economy is heading, I'll try to provide a road map for those with different opinions.

Treasuries

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