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Loomis hasn’t owned Treasuries for more than a year and is betting emerging-market currencies including Indonesia’s rupiah, seen here, will appreciate against the dollar, money manager Kathleen Gaffney said.

Photographer: Gillianne Tedder/Bloomberg

Loomis hasn’t owned Treasuries for more than a year and is betting emerging-market currencies including Indonesia’s rupiah, seen here, will appreciate against the dollar, money manager Kathleen Gaffney said.
December 21, 2010
Article
Loomis Tops 95% of Bond Fund Rivals by Exiting Treasuries: Credit Markets
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