"Very underweight," sure, but Pimco never actually went short Treasurys, Bill Gross says -...

|By:, SA News Editor

"Very underweight," sure, but Pimco never actually went short Treasurys, Bill Gross says - calling it a "misconception" that the firm bet against the government debt. Of course, it was Pimco's own report that the Total Return Fund was -3% on Treasurys that set off stories about Gross' bearishness.