Time to Buy U.S. Treasury Bonds

In spite of the warnings and the bearish investor sentiment, treasury bonds are oversold again, and are presenting investors with another buying opportunity.

Slowing economic growth is usually a positive for bonds.

Bonds are bought as a safe haven when global stock markets are in corrections.

My technical indicators have reversed from a timely sell signal on bonds last November to a buy signal.

Bill Gross, founder and manager of PIMCO's giant Total Return fund, said last week that he is negative on U.S. debt and has dumped all U.S. treasury bonds from his fund. And even that may be a buy signal.

On slowing global economic growth, reports last week from China, the world's second largest economy, and Japan, the world's third largest economy, were discouraging.

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