The media coverage of Bill Gross
' every move and thought on Treasurys continues. The Wall Street Journal
's Min Zeng reports
that the Pimco [see profile]
co-chief investment officer slightly upped his flagship Total Return Fund
's Treasurys exposure last month while still significantly underweighting them.
According to the WSJ, Gross' mammoth $243-billion mutual fund held five percent of its assets in Treasurys in May, up from four percent in April but below the 32.5 percent weighting in the Barclays Capital Aggregate Bond Index
senior research analyst Jeff Tjornehoj
weighed in for the article.
Neil Anderson, Managing Editor
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