Risk-averse Treasury investors are likely to get themselves a big haircut if they stay in, warns...

|By:, SA News Editor

Risk-averse Treasury investors are likely to get themselves a big haircut if they stay in, warns Pimco's Bill Gross. "All interest rates are on a negative basis,” Gross says. So - although he stops short of recommending an outright buy - if you want to preserve your purchasing power, you need to be looking at riskier "real" assets like stocks, high-yield bonds, real estate and gold. (Video)