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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: yard_man who wrote (203475)11/8/2002 11:27:07 AM
From: reaper  Read Replies (3) of 436258
 
apparantly Bill Gross doesn't think the bond market rally is over; what a moron.

Bill Gross, widely considered the world's most powerful bond fund manager, told CNBC television late Thursday he has been buying longer maturity bonds, and said "a 5 percent yield on a long Treasury bond in a near deflationary world of 1 percent inflation is still an attractive investment."

biz.yahoo.com

Cheers
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