Billionaire investor Ray Dalio thinks U.S. government bonds are becoming risky as the country descends deeper into its debt crisis.
Billionaire investor Ray Dalio thinks U.S. government bonds are becoming risky as the country falls deeper into its debt crisis. "I think it's a very risky investment," Dalio said Monday on CNBC's " Squawk on the Street " when asked about Treasurys. "The risk is not measured in whether you pay back. Their only obligation is to give you money that they can print.
"The Federal Reserve's losses are largely due to holding bonds that are gone down in value therefore lost money and funding with an interest rate that's too high," Dalio said. Another factor is potential sanctions against foreign countries for buying Treasurys, the widely followed investor said. "Other countries still are increasingly feeling worried about sanctions," Dalio said. "If you get them to sell the bonds, then it's a real problem.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Matilda Comes To 4K Blu-ray September 5th, With New CommentaryOne of the most beloved movies of the 90's, Matilda is getting a 4K BluRay Steelbook release on September 5th.
Leer más »
Billionaire George Soros hands control of empire to son, Wall Street Journal reportsBillionaire financier George Soros told the Wall Street Journal in an interview published on Sunday that he was handing control of his massive empire to his son, Alexander Soros.
Leer más »
Billionaire George Soros hands reigns of his company to 37-year-old sonBillionaire philanthropist George Soros, 92, is handing over his $25 billion empire to his younger son, Alexander Soros, 37, despite previous doubts by some about whether the former would ever step down.
Leer más »
Billionaire George Soros hands control of financial empire to his son, AlexBillionaire investor and philanthropist George Soros is handing over control of his $25 billion financial empire to his son, 37-year-old Alex Soros.
Leer más »
Billionaire George Soros hands control of empire to son AlexGeorge Soros, a hedge-fund manager turned philanthropist and major backer of liberal causes, said he was handing control of his $25 billion empire to his son Alexander
Leer más »
Report: Billionaire investor, philanthropist George Soros cedes control of empire to a younger sonBillionaire investor turned philanthropist George Soros is ceding control of his $25 billion empire to a younger son, Alexander Soros, according to an exclusive interview with the Wall Street Journal published online Sunday
Leer más »