(Reuters) - NEW YORK, June 7 - Long-time bond bull Bill
Gross, just a year after declaring the end of the bear market
for U.S. Treasuries, on Thursday conceded the snappy pace of
global economic growth will likely keep bonds on their heels.
Furthermore, Gross forecast that benchmark Treasury yields
will range higher than previously thought, prompting him to
acknowledge he is now a "bear market manager" after a quarter
of a century as the global bond market's most powerful bull.
Read more at Reuters.com Bonds News
Gross, just a year after declaring the end of the bear market
for U.S. Treasuries, on Thursday conceded the snappy pace of
global economic growth will likely keep bonds on their heels.
Furthermore, Gross forecast that benchmark Treasury yields
will range higher than previously thought, prompting him to
acknowledge he is now a "bear market manager" after a quarter
of a century as the global bond market's most powerful bull.
Read more at Reuters.com Bonds News
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