Pros Say: Play Bonds, Dollar for the Short Term

Stocks spent the last day of the week in the red Friday, dragged lower by nagging fears about the global economy and financial system. Experts tell CNBC that the dollar and bonds show short-term opportunities during the market volatility.

Opportunities in Short-Term Bond Market

The long-term bond market is going to be under pressure, but there is some pricing opportunity in the short-term bond market, advises Michael Yoshikami, founder, president, and chief investment strategist at YCMNET Advisors.

Dollar Likely to Weaken in H2

We're heading into a multi-year period of dollar weakness, believes David Mann, FX strategist at Standard Chartered. He tells CNBC that this will probably happen in the second-half.

Greenback Strength to Continue

Policy convergence is the main theme of 2009, says Nick Bennenbroek, head of currency strategy at Wells Fargo. He tells CNBC he expects the dollar to stay on a stronger trend for most of this year.

Future of the Yen

The yen's correlation to risk aversion seems to be breaking down, says Mitul Kotecha, head of global FX strategy at Calyon, after the yen continued to slide against the dollar. He gives his outlook for the yen.

US will Lead Global Recovery

Christopher Probyn, MD and chief economist with State Street Global Advisors, is hopeful that the U.S. will lead a global recovery as policies will kick in to stimulate its economy.

US Budget Deficit Necessary in Short-Term

Measures taken by the U.S. government to fix the economy are needed even if the country runs significant deficits for the short-term, says Christopher Probyn, MD and chief economist with State Street Global Advisors. He expects the U.S. to recover in 2010.

US to Bounce Back This Year?

The US economy will likely show signs of recovery in the second half of 2009, as the stimulus package starts to yield results, Philip Shaw from Investec told CNBC.