Fundsters interested in U.S. Treasuries may want to take a look at Robert Auwaerter
's recent remarks to Dow Jones
. Min Zeng reports
that Auwaerter, head of fixed at Vanguard
, says he is "still bearish on the Treasury market."
"Right now, we have a big flight-to-quality element priced into Treasuries and I think that will gradually dissipate," Auwaerter told the wire service, adding that Treasuries "have more than priced in a lot of bad news regarding the European sovereign crisis and European bank funding issues."
Neil Anderson, Managing Editor
Stay ahead of the news ... Sign up for our email alerts now