✉news BusinessMarkets first seen 18 h ago, last 10 h ago, peak #10
Bond King Bill Gross warns investors to avoid bonds
Original: Even 'Bond King' Bill Gross warns 'don’t own bonds' as long-term debt enters a new ear of volatility
Bill Gross, the investor long known as the 'Bond King' for co-founding Pimco and running the world's largest bond fund, is telling investors not to own bonds. He says long-term government debt has entered a new era of volatility, making the asset class risky even as yields look historically attractive. His remarks stand out given he built his career on bond investing.
Why now: A famous bond investor advising against his own asset class signals unusual stress in long-term debt markets.
Rank over time, top of the chart is #1. 5 snapshots from 18 h ago to 10 h ago.
Evidence
- Even 'Bond King' Bill Gross warns 'don’t own bonds' as long-term debt enters a new ear of volatility · Fortune
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