The Bull Market in Bonds Is Over, Says Fortress’s Novogratz
Novogratz: Bull Market for Fixed Income Is Over
This article is for subscribers only.
Michael Novogratz is convinced the bull market in fixed income is over.
“The bear market has started,” Novogratz, principal at Fortress Investment Group LLC, said in a Bloomberg Television interview with Stephanie Ruhle and Erik Schatzker. “We’ve seen probably a low yield in 30-year Treasuries.”