Showing posts with label Bond Bubble. Show all posts
Showing posts with label Bond Bubble. Show all posts

Thursday, September 23, 2010

PIMCO

Tuesday's Wall Street Journal reported that the PIMCO Total Return Fund cut its U.S. government related holdings practically in half. From 63% to 36%. Does Bill Gross, the fund manager, see a bond bubble? That seems like a huge cut back to me? Any ideas out there?