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Rating:Gross Compares Some Bonds to Email Routing List Email & Route  Print Print
Wednesday, January 23, 2013

Gross Compares Some Bonds to "Road Kill"

News summary by MFWire's editors

It doesn't make sense to say Bill Gross is back in the news, because it seems like he never leaves the news.

This time, the Pimco [profile] maven is tweeting about bonds:
Gross: Bond investors take note: with current QE at 100 billion per month, any bonds worth < par are future road kill.
Check out some background on what Gross is talking about in a writeup on Marketwatch

Edited by: Ben Geier


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