LIVE
News Fortune

Even 'Bond King' Bill Gross warns 'don’t own bonds' as long-term debt enters a new ear of volatility - Fortune

Even 'Bond King' Bill Gross warns 'don’t own bonds' as long-term debt enters a new ear of volatility - Fortune

"Be prepared for the end of 'what you are used to' stock markets and higher volatility in prices for the benchmark 10-year Treasury bonds."

PIMCO cofounder Bill Gross, who revolutionized bond investing with active trading strategies, warned the overall credit landscape has become unbalanced and cautioned against holding longer-term debt.… [+3701 chars]

Discussion (0)

No comments yet. Be the first to share your thoughts!

Join the Conversation

You need to be logged in to leave a comment.

Sign In Create Account