Comments on: Now may not be the time to buy bonds Sat, 03 Jan 2015 16:42:55 +0000 hourly 1 By: GeorgeBMac Sun, 08 Jun 2014 23:46:31 +0000 High bond AND high equitis?
“They can’t both be right”

Yes, they can…

Bonds are high because people — and central banks — realize that we are faced with systemic, long term low, mediocre growth and inflation for the next decade or two.

Equities are high because low bond yields have forced people into equities and pumped up their price.

Pimco calls this: the “New Neutral”