Bill Gross- Bond king Gross gets back into Treasurys

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Bond king Gross gets back into Treasurys

Wednesday, July 13, 2011
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From The Reformed Broker:

Pimco's flagship fund (and the largest mutual fund in the world), Total Return, has been buying Treasurys again just a month or two since manager Bill Gross very vocally expressed his dislike for their risk-reward profile at current yields.

This could mean that Pimco sees the recent "soft patch" in economic data as being much more significant than the blip you're hearing…

Read full article…

More from Bill Gross:

Bill Gross: Fed could hint at QE3 as soon as August

Bond king Gross: The U.S. is in worse shape than Greece

Pimco's Bill Gross: American savers are getting screwed

Topics:		Bill_Gross \| US_Treasuries \| Cruxallaneous

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