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PIMCO says betting against U.S. debt was a mistake: report

By: Yossel in BRKB | Recommend this post (0)
Tue, 30 Aug 11 5:00 PM | 17 view(s)
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PIMCO says betting against U.S. debt was a mistake: report

NEW YORK (Reuters) - Bill Gross, the manager of the world's largest bond fund, feels like "crying in his beer" for having bet so heavily against U.S. government-related debt earlier this year, the Financial Times reported on Monday.

NEW YORK
Tue Aug 30, 2011 8:32am EDT

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http://www.reuters.com/article/2011/08/30/us-pimco-treasuries-mistake-idUSTRE77S67420110830




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