Skip to content

Subscriber Only

The Bull Market in Bonds Is Over, Says Fortress’s Novogratz

Video player cover image — Novogratz: Bull Market for Fixed Income Is Over

Madeline McMahon and Kelly Bit

May 6, 2015, 4:24 PM UTCUpdated onMay 6, 2015, 6:21 PM UTC

Michael Novogratz is convinced the bull market in fixed income is over.

“The bear market has started,” Novogratz, principal at Fortress Investment Group LLC, said in a Bloomberg Television interview with Stephanie Ruhle and Erik Schatzker. “We’ve seen probably a low yield in 30-year Treasuries.”