PIMCO’s Gross Favors Shorter Duration, Inflation-Protected Bonds
March 27, 2012 at 10:39 AM EDT
PIMCO Total Return ETF (NYSEArca: TRXT) manager Bill Gross in his latest investment outlook said investors need to take steps to position for a delevering world, including owning real as opposed to financial assets and reducing interest-rate exposure. “In such a mildly reflating world, unless you...