Wednesday, 9 March 2011

Moneynews.com


Breaking News from Moneynews.com


Report: Pimco’s Gross Sells All US Treasury Holdings


Pimco’s star bond manager Bill Gross has offered a bearish view on Treasurys in his latest market commentary and remarks to the media. And according to a report on ZeroHedge.com, he acted on this bearishness in January, selling all of the Treasury holdings in Pimco’s Total Return Fund, the world’s largest mutual fund.


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