Bond King Bill Gross Warns ‘Don’t Own Bonds’ as Long-Term Debt Enters a New Ear of Volatility

Even 'Bond King' Bill Gross warns 'don’t own bonds' as long-term debt enters a new ear of volatility

"Be prepared for the end of 'what you are used to' stock markets and higher volatility in prices for the benchmark 10-year Treasury bonds."

Even ‘Bond King’ Bill Gross warns ‘don’t own bonds’ as long-term debt enters a new ear of volatility

PIMCO cofounder Bill Gross, who revolutionized bond investing with active trading strategies, warned the overall credit landscape has become unbalanced and cautioned against holding longer-term debt. In a Financial Times op-ed on Wednesday, he pointed out that government, mortgage and corporate…

Bond King Bill Gross warns ‘don’t own bonds’ as long-term debt enters a new ear of volatility

PIMCO cofounder Bill Gross, who revolutionized bond investing with active trading strategies, warned the overall credit landscape has become unbalanced and cautioned against holding longer-term debt. In a Financial Times op-ed on Wednesday, he pointed out that government, mortgage and corporate credit now totals about $84 trillion. “Too much debt can lead to too much […]