- "Funny how bonds were labeled 'certificates of confiscation' in the early 80s (the long bond yielded in the teens then)," tweets Bill Gross. "What should we call them now when many interest rates are negative," he adds.
- Gross caused a bit of stir last week when he called German 10-year Bunds - then yielding about 10 basis points - the short of a lifetime, even better than the pound in 1993.
- Previously: EU debt levels surge to records (April 21)
- ETFs: AGG, BND, BOND, SCHZ, LAG, DI, FBND, RIGS, SAGG, GBF, IUSB, LDUR, FWDB, VBND