Russian bonds issued by oil and gas companies are attractive right now despite the geopolitical tension between Russia and the United States, said John Lekas, portfolio manager for the Leader Total Return Fund. Lekas likes energy bonds because he sees inflation as a growing global threat, which is why he is also bullish on bonds backed by mining companies like Kinross and Southern Copper. Lekas also said the yield on the 10 year Treasury Note will rise to 2.75% by the end of 2014 and Janet Yellen will remain on the sidelines until late 2015. Finally, Lekas said the stock market will head lower in coming months because the expansion has been built on cheap money.
Stocks in this video: