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Bill Gross
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Latest Headlines
PIMCO's Bill Gross reverses bet on Treasury bonds
PIMCO's Bill Gross generated headlines--he always generates headlines--for his well-publicized bet that long-term Treasury would rise earlier this year.
The big bet spooked some of his peers into following suit, which turned out to be a bad move, as Treasuries soared, shaking out a lot of the
PIMCO's Bill Gross, Treasury bond vigilante
Bond guru Bill Gross of PIMCO, who certainly wields some influence in the fixed-income community, is now shorting U.S. Treasuries. This is not surprising given his well-known bearish view of the market and his bedrock conviction that interest will tick up powerfully.
The portion of PIMCO'
Bill Gross tries new tack with new fund
The PIMCO Total Return has been nothing short of spectacular, having produced average annual returns of 8.42 percent since starting up in May 1987, a performance that ranks it seventh out of 353 bond funds, according to Investment News . That fund has beat its benchmark, the Barclays Capital U.
Writer blasts Bill Gross' latest column
Bill Gross's monthly Investment Outlook is widely read in the industry for what many think are insightful comments on the economy and the bond market. In his March commentary , Gross discusses quantitative easing, the need for more private capital formation and the like.
But for whateve
Whitney stands by muni report, predicts bond disruption
Star analyst Meredith Whitney was roundly criticized for her recent report that issued a dire warning on the sorry state of state and municipal finances. Her prediction that as many as 100 entities would default on their debts in 2011 has not gone over well with the likes of Bill Gross of PIMC
Bill Gross signals end of the great bond bull market
It's been a great year for bonds. Convertible bonds have generated a 16 percent return so far this year. High-yield bonds have generated a 14 percent return. And rated corporate bonds have generated an 8 percent. But Bill Gross is signaling that the end of the bond bull may be at hand, notes the
Bill Gross buys PIMCO muni-bond funds with personal money
Insider purchases are often seen as a bullish sign. It says something when an executive spends his own money to buy his firm's stock at market prices. We suggested that bank executives, at the height of the crisis, purchase shares as a vote of confidence, though few took us upon that.
What abo
PIMCO to raise new fund for distressed bonds
PIMCO has fared well as a vulture. Since the onset of the credit crunch, it has raised more than $5 billion to invest in distressed MBSs. The PIMCO Distressed Mortgage Fund generated a 54 percent return so far this year. The PIMCO Distressed Senior Credit Opportunities Fund has risen 28 percent th
Bill Gross on the 'new' normal
Bill Gross of PIMCO ( PIMCO news) enjoys a reputation as one of the most provocative and interesting writers in the financial services industry. His latest monthly outlook offers an interesting assessment of the retirement of Stanley Druckenmiller--who was once George Soros' right hand man and
Big Fannie Mae, Freddie Mac debate: Privatize or nationalize
The debate over how to do handle the two biggest government sponsored enterprises (GSEs)--Fannie Mae and Freddie Mac--has heated up, stoked in part by the mortgage summit of August 17. The debate has been interesting in part because of the extreme solutions that have been offered.
At one e
