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Bond King Bill Gross Says "Don't Jump Ships on Bonds"

June 27, 2013 | About:
CanadianValue

CanadianValue

212 followers
Since June 1, bond funds have had a record outflow of $60 billion.

I guess this shouldn't be a surprise considering where rates are, the real surprise is how many years it has taken for investors to start fleeing bonds.

At the 1:30 mark of the video below Bill Gross says it is not time to jump ship on bonds.

Gross actually thinks that the yield on the 10-year Treasury could end the year with a lower yield than where it is today.

Watch the video below and see if he can convince you that it isn't time to get out of bonds:



About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 2.3/5 (6 votes)

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