You can have Bill Gross' short position in Treasurys when another recession pries it out of his hands. After weeks of the bonds' gains, Gross tells Reuters that yields are low, but "perhaps the only justification for a further rally would be weak economic growth or a future recession" that dents inflation. The 30-year yield up slightly, +0.02 to 4.28%, but otherwise still falling: 10-year -0.01 to 3.14%; five-year -0.03 to 1.85%.
You can have Bill Gross' short position in Treasurys when another recession pries it out of his...
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