Chief Investment Officer Elliott Dornbusch believes the 30-year Treasury bond is a strong investment choice due to high yields of 4.8%, exceeding the 10-year yield of 4.14%. Dornbusch predicts long-term yields will fall, boosting bond prices. He attributes this to overestimated inflation risks linked to tariffs and a potential stock market decline pushing investors towards safer assets. While most strategists prefer mid-duration bonds, Dornbusch advocates for the 30-year bond, highlighting its potential as a hedge and source of high returns. Contrary to popular opinion, he sees value in the 30-year Treasury bond.

Read more at Yahoo Finance: A CIO managing $20 billion says one of the best opportunities for investors right now is in a corner of the bond market