Friday, April 15, 2011

SOS Why Bill Gross shorted Uncle Sam?


Few weeks ago Bill Gross sold all US Govt Treasuries in the Total Return Fund.

April 11, he shorted the US Govt Treasuries (USD7 bil)

Total funds manage by PIMCO is about USD1.2 trillion.

His Total Return Fund size is about USD236 trillion.

Bill Gross not happy with QEs.

MyView

Something is brewing. Like what Charles Nenner said, yield will increase over the next few decades, of course, according to his bold yield cycle analysis.

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