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Phil DeAngelo backs tech stocks and Treasuries

Original: Phil DeAngelo: We continue to like technology here, and we also love Treasuries

Portfolio manager Phil DeAngelo said on CNBC that he continues to favor technology stocks while also expressing strong enthusiasm for US Treasuries. The dual endorsement suggests a strategy of staying invested in tech's momentum while hedging with government bonds, a combination drawing attention as investors weigh market leadership and rate expectations.

Why now: Investors are watching where strategists recommend allocating money amid uncertainty over tech valuations and interest rates.

Phil DeAngeloCNBCUS Treasuriestechnology sector

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• Phil DeAngelo: We continue to like technology here, and we also love Treasuries · CNBC

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