Treasurys are the "least dirty shirt," Pimco's Bill Gross says in noting that "the focus for us"...

|By:, SA News Editor

Treasurys are the "least dirty shirt," Pimco's Bill Gross says in noting that "the focus for us" is five- to 10-year notes and 30-year bonds. “The world is full of dirty shirts in terms of excessive debt, and the U.S. is one of those countries, but it still remains the reserve currency and still remains the flight to quality haven."