Treasuries Advance as Consumer Spending Stagnates – Bloomberg 09-28-12

Salient to Investors:

Padhraic Garvey at ING Bank said yields will stay low as growth remains weak.

Carl Lantz at Credit Suisse said 10-yr yields will fall to a record 1.35 percent by Dec. 31.

Bloomberg survey of economists predict the 10-yr yield will rise to 1.80 percent by Dec. 31.

Bank of America indexes show Treasuries have returned 2.3 percent this year, U.S. investment-grade and high-yield debt has returned 9.5 percent, the MSCI All-Country World Index of shares has returned 14 percent, including reinvested dividends.

Read the full article at http://www.bloomberg.com/news/2012-09-28/treasuries-head-for-weekly-gain-before-spending-report.html