"Frogs of the world unite," urges Bill Gross, likening Treasury investors to frogs being boiled...

|By:, SA News Editor

"Frogs of the world unite," urges Bill Gross, likening Treasury investors to frogs being boiled alive - they don't notice it's happening until they're dead. Rather than simply lying there and taking it, he suggests looking for the "safe spread" by buying floating rate notes with less durational risk.