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“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.”
Bill "Bond King" Gross, who built his reputation by turning a boring corner of fixed income into an active-trading powerhouse at PIMCO, is now telling investors to steer clear of the same asset class that made him famous. In a...
Pimco billionaire Bill Gross told BI why he's a big fan of pipeline stocks, and walked through a terrible wager he made in 1969.