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The Fed is likely to hint at QE3 in its April meeting, tweeted Bill Gross over the weekend. The...

The Fed is likely to hint at QE3 in its April meeting, tweeted Bill Gross over the weekend. The opinion is at odds with the Fed's last policy statement in which it upgraded its view of the economy. Pimco's Total Return Fund has boosted its holdings of MBS, likely to benefit from more QE as the paper would be a target of Fed purchases.
Comments (1)
  • AlbyVA
    , contributor
    Comments (566) | Send Message
     
    Bill Gross is trying to move the market to his benefit. Bill knows that real yields are negative, thus making bonds unattractive. Only a sucker would load up on Bonds.
    26 Mar 2012, 08:27 AM Reply Like
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