Garcia: 5% in my view is a great opportunity to add long bonds
CNBC Televisionยท2025-09-04 11:27
the moves in the third year in recent days. How should we interpret that and specifically the fact that it kind of touched that nearly 5% level and now it's pulled back about 10 basis points. >> Well, a couple of things.First, 5% in my view is a great opportunity to add uh long bonds. It is a wonderful place because remember if you look historically the yield between the 2-year and the 30-year whether it's in core Europe, whether it's in the US is plus or minus around the, you know, the 20-year average. So ...