Seeking Alpha

Bill Gross's initial attempt at shorting U.S. Treasurys didn't work out so great (they had their...

Bill Gross's initial attempt at shorting U.S. Treasurys didn't work out so great (they had their biggest rally in eight months) - so he's doubling down. Pimco's $241B Total Return Fund is now -4% in government debt, from -3% in March. Cash and equivalents soared to 37% from 31%.
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