Jay Schechter

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Last quote by Jay Schechter

I don't think it tips us into a bond recession. I just think it's a normal process based on where yields have been and have been and where they're going. People who are buying long bonds ... there's going to be pain for people who are expecting that rates are going to stay somewhat stable there. Interest rates have been much higher historically than where they are now. We've been in a 10-year period of unusually low interest rates.feedback
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Mar 09 2017
This page is completely dedicated to what Jay Schechter has to say. All of Jay Schechter’s quotes are organized here by date and topic. The most recent quote attributed to Jay Schechter came from an article called Bond yields just hit the level that Bill Gross said would signify a bear market: “I don't think it tips us into a bond recession. I just think it's a normal process based on where yields have been and have been and where they're going. People who are buying long bonds ... there's going to be pain for people who are expecting that rates are going to stay somewhat stable there. Interest rates have been much higher historically than where they are now. We've been in a 10-year period of unusually low interest rates.”.
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