Exact(60)
There's gold and Treasuries".
It sells short other corporates and Treasuries.
The dollar strengthened and Treasuries fell.
The speculation has pushed Bunds and treasuries higher.
"Corporate bonds and Treasuries seem terrifically overvalued now," he said.
The dollar weakened and treasuries declined following the statement.
The interest-rate gap shrank between high-yield issues and Treasuries.
Dollars are the world's primary reserve currency, and Treasuries are the world's preferred "risk-free" asset.
That is because dollars and Treasuries rank as safe havens nowadays.
Before the banking crisis, cash and Treasuries accounted for 5.7 percent of American banks' assets.
The spread between high-yield bonds and Treasuries has since narrowed to 9.38 percentage points.
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