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In response to
"like pumpkin futures after Halloween -- nm"
by
Beaker
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pimco's unconstrained fund also sold 44% of its treasuries in february. crazy action from the biggest bond trader on the globe....
Posted by
x (aka dmuck)
Mar 9 '11, 06:28
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bill gross (who probably knows more about the fed and where its going than anyone else out there) has apparently decided that us debt is almost totally not worth holding at all. he's making a *huge* bet on either inflation or deflation coming down the pike, seems like.
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