Bill Gross Backs Up Bearish US Treasury Talk, Sells All of His

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Bill Gross is OUT of US Treasuries: Bill Gross, founder and co-chief investment officer of Newport Beach, Calif.-based Pacific Investment Management Co. has emptied Pimco’s Total Return Fund, the world’s biggest bond fund, of its U.S. government-related holdings, including Treasury debt, the company disclosed on Wednesday. Source: MarketWatch The Bond King has expressed concern about […]

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Richard Russell thinks the bond market may be saying ENOUGH with the quantitative easing, reports The Daily Crux. From his Dow Theory Letters: The bond market is now very close to saying, “We’ve had enough.” … Many older subscribers probably remember my lifelong emphasis on the POWER of COMPOUNDING. But what of the power of […]

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