The head of the $1.4 billion Janus Global Unconstrained Bond Fund and mastermind behind PIMCO, dubbed “the bond king” at one point, has a comment on the state of bonds in a negative interest rate environment. On Twitter Bill Gross warned that mind-bending and market melting central bank policies were going to “explode,” a concern being increasingly voiced in public by major Wall Street players.
Gross: Global yields lowest in 500 years of recorded history. $10 trillion of neg. rate bonds. This is a supernova that will explode one day
— Janus Capital (@JanusCapital) June 9, 2016
Bill Gross is vocal about an issue those who have blinders on don't want to...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
