NEW YORK, April 27 (Reuters) - Scott Minerd, the global chief investment officer of Guggenheim Partners, said Wednesday that it is a good time to “nibble” on U.S. Treasuries in the wake of their sell-off.
“It is impossible to get the timing of anything exactly right. You have to ask yourself, ‘Are you a speculator or an investor?” Minerd said in an interview in New York. “We are investors and we believe it is a pretty good period to start nibbling on Treasuries.”
Reporting By Jennifer Ablan