It’s official. Bill Gross is divorced from the U.S. Treasury. The PIMCO Total Return Fund, the largest U.S. mutual fund at about one-quarter trillion dollars, now holds no U.S. Government securities. What’s up? Is the U.S. about to be downgraded? Is it bankrupt? Or is this a political thing? None of the above, according... »
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Archive for March 14th, 2011
PIMCO’s Bill Gross Cashes in U.S. Treasurys. What Should the Rest of Us Do?
Monday, March 14th, 2011
Tags: Bernanke, Bond market outlook, Bonds, Federal Reserve, Forecast, Interest Rates, Outlook
Posted in Investment Insights | No Comments »
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