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Bill Gross (BOND) attempts to ring a bell, calling the 30-year bond bull market over as of April...

Bill Gross (BOND) attempts to ring a bell, calling the 30-year bond bull market over as of April 29, 2013 (while pushing Pimco as the one to help navigate in this new world). The 30-year Treasury yield touched 2.8% at April's end. Including a 9 bp pop today, the yield now stands at 3.08%. TLT -1%, TBT +1.9%.
Comments (6)
  • Another great call by a great investor!
    10 May 2013, 11:57 AM Reply Like
  • I assume you're being sarcastic....

     

    http://cnnmon.ie/18z1s0E
    10 May 2013, 01:41 PM Reply Like
  • Bonds are for sissies.
    10 May 2013, 01:04 PM Reply Like
  • How many times has he made this same call ?
    10 May 2013, 01:58 PM Reply Like
  • He's making a call "against his own team."

     

    I give him credit for that.
    10 May 2013, 02:06 PM Reply Like
  • Any call he makes is likely hedged with derivatives. Gross is a master at trading credit derivatives.
    10 May 2013, 03:12 PM Reply Like
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