You don’t need Pimco’s Bill Gross or his bond fund
June 17, 2011 at 13:37 PM EDT
At the Morningstar Investor Conference in Chicago last week, Pimco’s Bill Gross — the world’s most famous and influential bond-fund manager — suggested that investors looking for good yields give up on Treasurys, consider foreign bonds and, notably, high-quality, dividend-paying stocks.