The 10-Year Treasury Could Easily Hit 4% in the Next Two Months

November 12, 2013
Dennis Gartman: If it’s Yellen, you should be sellin’ bonds

“It’s the first time in a long time I’ve wanted to be that way,” he said on CNBC late Monday, but he’s convinced rates are heading sharply higher from here. The benchmark 10-year note traded at a yield of 2.77% on Tuesday morning, but it could easily reach 4% in the next two years and 6% within the next 10 years, said Gartman, who publishes The Gartman Letter, a note about the capital markets.

It's Yellen! Were you sellin'? Just two months left to go! Big money! Big profits! Never too late to sell! What was 2.77% nearly two years ago has fallen to 2.18% today. Sharply higher? Well, not exactly.

September 14, 2015
Gartman: Long bonds, short stocks

Dennis Gartman, The Gartman Letter, analyzes the latest market trends and explains why to sell stocks and buy bonds.

What? Buy bonds? I have no desire to watch the video, but I can say this. The explanation better not involve Yellen if he wants it to rhyme again. Cryin'? Dyin'? Lyin? Wait, I know. He demands another sacrifice! If it's Mayan, you should be buyin' bonds! Based on the stock market action over the past month, it is most definitely Mayan!

That Gartman. He's master of the short-term rear-view mirror technology if you ask me. Works great on straight roads with little traffic, but then again, so does the front window. Go figure.

Disclosure: Holding long-term inflation protected treasuries and/or I-Bonds since the creation of dirt, assuming dirt was created in 2000. Long 15 years and counting. They said buy and hold was dead. Yawn.