Pacific Investment Management Co.'s Bill Gross lifted holdings of mortgage debt in the world's largest bond fund to the highest since 2000, while putting on the biggest bet against government debt since at least the same year.and
``Treasuries are the most overvalued asset in the world, bar none,'' Gross, Pimco's chief investment officer, said on CNBC on April 4.click on the Bloomberg link to see the article in its entirety.
No comments:
Post a Comment