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Bond Bubble Is Fiction Like Sasquatch, Guggenheim’s Minerd Says

By Tony Seruga

Guggenheim Investment Management CIO Scott Minerd. Photographer: Patrick T. Fallon/Bloomberg

Scott Minerd, the chief investment officer of Guggenheim Partners, said that bonds are safe and that the search for major dangers in the market is like exploring in the woods for a creature that doesn’t exist.

“I’ve been looking for Sasquatch in the bond bubble, or the credit bubble,” Minerd said Thursday at a conference held by Standard & Poor’s in New York, using an alternate term for the mythical Big Foot beast. “And I haven’t found either one yet.”…

Bond Bubble Is Fiction Like Sasquatch, Guggenheim’s Minerd Says

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