Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Gross Cuts Back on Treasury Bonds Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, September 13, 2012

Gross Cuts Back on Treasury Bonds

News summary by MFWire's editors

Bill Gross doesn't trust Treasury bonds. The manager of the largest bond fund in the world last month slashed holdings in Pimco's [profile] Total Return Fund of Treasury bonds, reports the Wall Street Journal.

Gross brought holdings to 21 percent in August from 33 percent at the end of July, according to data from the company's website.

Gross said in an interview with Dow Jones last month that his worries that long-term inflation risks might be generated by the Federal Reserve's money stimulus fueled his decision to avoid 10- and 30-year Treasury bonds.

The Total Return Fund, which has $272.5 billion AUM, went from 51 percent U.S. mortgage-backed securities to 50 percent, the Journal reported. 

Edited by: HFD


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
40 Wall Street | 28th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use