Pound Extending Drop Leads Kames to Buy Treasuries Without Hedge – Bloomberg 03-12-13

Salient to Investors:

Stephen Jones at Kames Capital bought US Treasuries without a currency hedge, saying the pound will decline further against the dollar, and the prospect of the pound rallying is remote. Kames expects the Fed to keep its monetary stimulus.

Read the full article at http://www.bloomberg.com/news/2013-03-13/pound-extending-drop-leads-kames-to-buy-treasuries-without-hedge.html

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