Monday, April 25, 2011

Bill Gross Battles Bond Dealers on Outlook as Treasuries Gain

Bill Gross Battles Bond Dealers on Outlook as Treasuries Gain - Bloomberg
“I could join the dealers and say the 10-year’s not going to go to 4 percent, so what am I left with?” Gross said in a telephone interview April 20.
“I’m left with an under-yielding, less-than-inflation security.
I have better choices.
As a firm we’re not going to put up with it.”"

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