PIMCO's Bill Gross - The Fed Is Overdoing It

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Jun 04, 2013
Ben Bernanke and his gang are now overdoing it. So says Bill Gross in his latest monthly report.

Why this month is the critical turning point that becomes overdoing it I don't know. Apparently Gross does.

Gross does not see a crash in bond prices in the near future as he thinks the current yields could be sustainable.

If he was to bet on it, he would expect the Fed to start tapering its easing policies later this year.