Huge bond fund bets against U.S. debt
The world's largest bond fund began betting against U.S. government debt last month on the expectation that shaky finances will jolt interest rates higher. Full story
The world's largest bond fund began betting against U.S. government debt last month on the expectation that shaky finances will jolt interest rates higher. Full story
By Jennifer Ablan and Walter Brandimarte Full story
BANGALORE (Reuters) - Pacific Investment Management Co (PIMCO), the manager of world's largest bond fund, has raised more than $1.5 billion for a new fund to buy assets from banks looking to strengthen their balance sheets, Bloomberg said, citing two people with knowledge of the fundraising. Full story
Sharing his concerns over what will happen to bond yields and stock prices, with William Gross, Pimco co-CIO/founder.
Bill Gross, co-chief investment officer of PIMCO, the world's biggest bond fund manager, on Thursday urged lawmakers to cut the massive federal deficit but not so swiftly as to choke off the nascent economic recovery. Full story
An investment outlook from the Fed's economic forecast, with William Gross, Pimco co-CIO/founder.
Discussing the rising price of oil and its impact on the markets with David Lutz of Stifel Nicolaus, Mohamed El-Erian of PIMCO and Saud Masud of the SM Advisory Group.