Warren Buffett said that it makes sense to stay away from long-term bonds when the inflation comes and yields start to grow. As a result, long-term bond investors could lose money.
Warren is quiet confident about the U.S. economy and has a good feeling about the current situation.
CNBC's Becky Quick has insight from Warren Buffett. "I like owning stocks, I do not like owning bonds now," explains Buffett. Here is a video snapshot from the interview on CNBC.