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'Bond King' Bill Gross Nets Millions On Treasury Market Rebound
Friday, December 1, 2023 - 3:48pm | 524“Bond King” Bill Gross may have netted millions of dollars backing the November rally in the U.S. Treasury market. Gross earned his “bond king” moniker while at Pacific Investment Management (PIMCO), a company he co-founded and where he managed the $270 billion Total Return...
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Pimco CEO Sees Bond Inflows as a Negative for Economy
Friday, September 10, 2010 - 1:19pm | 247Pacific Investment Management Co. CEO Mohamed A. El-Erian said Friday that the massive inflow into bond markets isn't a good sign for the economy. According to a Bloomberg report, "Net inflows into bond funds reached $120 billion year to date at the end of August as investors became more risk...