PIMCO's Bill Gross was on Yahoo Finance to discuss his views on the bond market and where in it that he is finding attractive opportunities. He thinks that the bond market in the US is a bubble, which will be kept floated by the Federal Reserve. In summation:
-The Fed is keeping the bond balloon in the air.
-The Fed is not going to raise the interest rates and will keep the bond market floated.
-It will lead to big inflation down the road.
-PIMCO is underweight in long term developed market assets
Credit and Source: www.yahoo.com
Here is the video:
-The Fed is keeping the bond balloon in the air.
-The Fed is not going to raise the interest rates and will keep the bond market floated.
-It will lead to big inflation down the road.
-PIMCO is underweight in long term developed market assets
Credit and Source: www.yahoo.com
Here is the video:
