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The following email has been sent to you by william.bayne@gmail.com Interesting Article about US Debt and the likely increase of interest rates Pimco manager bets against US debtBy Dan McCrum Published: April 11 2011 19:46 | Last updated: April 11 2011 19:46 Bill Gross, manager of the world's largest bond fund, is now actively betting against the value of debt issued by the US government. Pimco's $236bn Total Return Fund held minus 3 per cent of its assets in government related securities at the end of March, down from zero the month before, according to a report issued by the company on Monday. Copyright The Financial Times Limited 2011. You may share using our article tools. Please don't cut articles from FT.com and redistribute by email or post to the web. This article can be found at: http://www.ft.com/cms/s/0/c72d28b4-6465-11e0-a69a-00144feab49a,_i_email=y.html | ||
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