After the benchmark yield soared to the highest point in 20 years, Jim Bianco, a veteran Wall Street player who has been watching the market for a long time, believes that it has now shown a very attractive entry point and has turned bullish on US Treasury bonds for the first time in six years. “This is an opportunity for value investment,” said Bianco, president and founder of Chicago-based Bianco Research. “If the yield starts to rise further, I will continue to increase it.”

After the benchmark yield soared to the highest point in 20 years, Jim Bianco, a veteran Wall Street player who has been watching the market for a long time, believes that it has now shown a very attractive entry point and has turned bullish on US Treasury bonds for the first time in six years. “This is an opportunity for value investment,” said Bianco, president and founder of Chicago-based Bianco Research. “If the yield starts to rise further, I will continue to increase it.”