Bill Gross hasn't just dumped his U.S. Treasury holdings, he's now short the Treasury market: 3%...

|By:, SA News Editor

Bill Gross hasn't just dumped his U.S. Treasury holdings, he's now short the Treasury market: 3% of Pimco's $236B flagship Total Return Fund is bet against Treasurys. The fund also increased cash and equivalents to 31% from 23%, making it the largest component for the first time in four years.