...don't know, because at every point in this story, the government has chosen to draw the curtains. The head of one of the firms, Bill Gross of PIMCO, assured CNBC last month that "PIMCO would be the leader here in suggesting to the Treasury that we would work...
...states and cities. That's why our guest tonight says this is the time for investors to buy municipal bonds. Joining us now, Bill Gross, chief investment officer of Pimco and manager of its total return fund, which is the world's largest bond fund. Hi, Bill...
...Gross wrote an interesting piece about being one step ahead of government policy on Seekingalpha today. He sees two vehicles to accomplish this: Municipal Bonds, since a default in New York or California is âunthinkableââ¦hereâs a list of the most recent New...
...anything, it's because they spent the 2 months prior buying up all they could of said sector. You are correct in tht Bill Gross is talking the PIMCO book, but it's where the yields and profits are now! The credit market has to recover before the stock...
...which have the same credit quality as treasuries. For the prepared, munis can pay off, but it may take a while. PIMCO's Bill Gross announced in February that he was planning on investing in munis because of their attractive prices. PIMCO's Municipal Bond Fund...
...sure you don't get into those risk positions too early,â he said. PIMCO, a unit of Allianz SE whose chief investment officer Bill Gross is one of the industry's most widely watched figures, shifted to buying U.S. Treasuries and some investment-grade mortgage...
...to say about markets, too, even though he owes his abundant investment success to an exquisite grasp of company fundamentals. Bill Gross, founder and bond boss of Pimco, the Newport Beach, Calif., fixed-income specialist, likewise gets his close-up in this...
...Year. The runner-up for International-Stock Fund Manager of the Year was Jean-Marie Eveillard of First Eagle Overseas (SGOVX). Bill Gross and team, PIMCO Total Return Bond (PTTRX) and Harbor Bond (HABDX), were runners-up for the Fixed-Income Fund Manager of...
...S&P and Moodyâs rated the security AAA. The Oklahoma teachers retirement plan invested in the bond (as did PIMCOâwhoops, Bill Gross!) and will take or has taken huge losses on it. And, obviously, the house was a foreclosure. All around, a great effort by...
...opposite direction. Excerpts, (edited for clarity) below. Forbes: Treasuries hit a record low today. What does this mean? Bill Gross: Government bonds happen to be the one asset that people want to own during a deleveraging cycle. They weren't leveraged up...