http://www.reuters.com/article/2011/05/06/us-investing-treasuries-pimco-idUSTRE7454RP20110506
(Reuters) - PIMCO's Bill Gross, who runs the world's largest bond fund, said on Friday the only way he would reverse his "short" position on U.S. government-related bonds and purchase Treasuries again is if the United States heads into another recession.
SS says
US is in a recession that has not yet ended.
So expect Bill to go long Treasuries soon - We are getting close to the tipping point soon.
Metals and currencies have turned down and I expect equities to follow soon.
(Reuters) - PIMCO's Bill Gross, who runs the world's largest bond fund, said on Friday the only way he would reverse his "short" position on U.S. government-related bonds and purchase Treasuries again is if the United States heads into another recession.
SS says
US is in a recession that has not yet ended.
So expect Bill to go long Treasuries soon - We are getting close to the tipping point soon.
Metals and currencies have turned down and I expect equities to follow soon.
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