Quantcast
Feeds: Email, RSS & Twitter

Get Our Videos By Email

 

8,300 Unique Visitors In The Past Day

 

Powered by Squarespace

 

Most Recent Comments
Cartoons & Photos
SEARCH
« CFTC Looking At Goldman For Additional Charges, Mortgage Fraud Reaches Record Level, ‘Underwater’ Homeowners Rise to 28 Percent, Ron Paul GOP Debate Clip (LINKS) | Main | Trump "University" Sued For Fraud »
Tuesday
May102011

PIMCO's Gross Increases Short Position Against U.S. Debt

(Reuters) - PIMCO's Bill Gross, the manager of the world's largest bond fund, raised his bet against U.S. government-related debt in April to 4 percent from 3 percent, according to the company's website on Monday.

The increase, albeit small, follows Gross' move to ratchet up his bearishness in March by taking his initial short position in U.S. government-related debt, which includes Treasuries, TIPS, agencies, interest rate swaps, Treasury futures and options and FDIC-guaranteed corporate securities.

The $240 billion Total Return fund also raised its cash position to 37 percent in April from 31 percent in March, added Pacific Investment Management Co, which oversees $1.2 trillion in assets.

Must See Video - Cop Says Bubbles Will Make Him Cry...

 

 

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (5)

May 10, 2011 at 10:06 PM | Registered CommenterDailyBail
Italians evacuate Rome over 'big one' fears

Italians will on Wednesday flee Rome over fears a giant earthquake is coming following a seismologist's 1915 prediction that "the big one" will strike on May 11, 2011.

http://www.telegraph.co.uk/news/worldnews/europe/italy/8504936/Italians-evacuate-Rome-over-big-one-fears.html
May 11, 2011 at 12:52 AM | Registered CommenterDailyBail
How is it that Bill Gross, who is betting on the economic decline of his home country is not considered a traitor? This man sold US treasures short. Should not this man be strung up in the National Mall?
Even paraiste know better than to destroy their own host. Clearly the analogy of speculators being parasites is no longer applicible, as we can see now that even parasites have a higher moral grounding than the likes of Bill Gross.
May 11, 2011 at 2:18 PM | Unregistered CommenterDoug Diggler
hey doug...there is nothing unpatriotic about short selling stocks or shorting treasuries for that matter...gross deserves the flack he took for front-running the fed in 2008-2010, but there is nothing wrong or even strange about shorting treasuries...there are ETFs that make it simple if you are so inclined...
May 11, 2011 at 3:20 PM | Registered CommenterDailyBail
i come here first time. Thank you for sharing your admin would get ready a severely beneficial write-up I congratulate.s I very agree with your views from here. avvanq avvanq - <a href="http://www.mulberryalexaoutlet.com">mulberry outlet</a>.
Nov 21, 2011 at 8:16 AM | Unregistered Commenterscxkhz scxkhz

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
All HTML will be escaped. Hyperlinks will be created for URLs automatically.