Mark Porterfield, Pimco's spokesman, said on Sunday the company doesn't comment on fund holdings. Financial blog Zero Hedge reported the data earlier on Sunday.
cheap gucci shoes Gross's investment strategy is widely followed by global investors not only because of his fund's size, but his impressive record of returns. The fund has outperformed the benchmark index--the Barclays Capital US Aggregate Bond Index--over the past decade. The exit of one of the world's smartest investors out of the U.S.
gucci sandals government bond market is likely to add to market anxiety as concern rises that Treasury bonds' yields, which move inversely to their prices, could rise significantly once the Fed, so far the biggest buyer of the market, steps aside in coming months. Because the 10-year Treasury yield, which traded at 3.583% late Friday,
cheap women shoes online sale is a benchmark to set a wide variety of borrowing costs for U.S. consumers and businesses such as mortgage rates, a much higher yield would raise borrowing costs at a time when the U.S. economy is still healing from the 2008 major financial crisis.
Commentaires
Il n'y a aucun commentaire sur cet article.