Economist Advises Bond Holders To Remain Cautious: CNBC

John Rydig, chief economist at RDQ Economics, shared his Q2 investment strategy with CNBC.

Rydig said that the emerging markets are showing good recovery. He said, “It looks like the recovery is broadening out and I think we think we’re on the brink of starting to create some jobs, which will help support the consumer.”

He advised bond holders to remain cautious. He said, “I don’t think it’s going to be such a good quarter for bonds. I’m looking at a potentially significant back-up in bond yields in the second quarter on these recovery issues and also on further concerns about the fiscal outlook for the U.S.”