Market Overview

Jeremy Grantham Says Bonds Are "Grotesquely Overvalued"

Jeremy Grantham Says Bonds Are "Grotesquely Overvalued"

According to panelists on CNBC's Fast Money, noted investor Jeremy Grantham told listeners at the Ira Sohn Conference, which is taking place this evening, that bonds are "grotesquely overvalued." The Ira Sohn Conference is an annual meeting where top hedge fund managers present some of their highest conviction investment ideas.

Often times, waves are made in the markets in the wake of this exclusive conference. Jeremy Grantham is the Chairman of the Board of Grantham Mayo Van Otterloo, a Boston based asset management firm well known among institutional investors.

If you are interested in going short bonds, consider buying the ProShares UltraShort 20+ Year Treasury ETF (NYSE: TBT). This security seeks daily investment results that correspond to twice (200%) the inverse of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Bond Index. If Treasury prices fall on the long end, and yields rise, the TBT will appreciate in value.

Posted-In: Jeremy GranthamLong Ideas Hedge Funds Movers & Shakers Trading Ideas General


Related Articles (TBT)

View Comments and Join the Discussion!

When These Stocks Pop, So Will The ETFs (OIH), (IEZ), (KOL)

Jo-Ann Stores (JAS) Profit Jumps, Stock Climbs