BOND GOD: The World Is Changing, And Bonds Are The Most Overbought I've Seen In My 55 Year Career

For years, investors have watched in disbelief as the 30-year bull market in fixed-income assets has raged on, leaving bears in the dust. The bond skeptics are having another moment, as talk grows of a "great rotation" from bonds into equities, as rates finally start to rise, and the economy turns back into the old normal. Dan Fuss of Loomis Sayles is the third bond fund manager to be called a "bond god" (the other two are Bill Gross and Jeff Gundlach). He is strongly of the view that the curren...