Pimco's co-CIO discusses market strategy and how his firm has priced the fixed-income market.» Read More
NEW YORK, July 5- It's shaping up to be a brutal summer for bond investors as the bloodbath in the U.S. credit market shows no signs of letting up, even as nearly $80 billion has already been wiped from funds.
NEW YORK, July 2- Pimco Total Return, the world's largest bond fund, suffered record large outflows in June, in a second straight month of withdrawals amid carnage in the bond market that have reduced the fund's assets by 8.5 percent, data from Morningstar showed on Tuesday.
Britain's finance minister George Osborne unveiled his plans for another round of government spending cuts on Wednesday as he tried to keep his deficit reduction drive on track despite stiff opposition to his policies.
NEW YORK, June 24- A $70 billion portfolio managed by hedge fund titan Ray Dalio's Bridgewater Associates and widely held by many pension funds to survive stormy markets is emerging as a big loser in the recent selloff in global markets.
LONDON, June 24- When the chief enforcer for Britain's finance ministry suggested that the army should cut spending further because it had more horses than tanks, he provoked an indignant response from one of his own colleagues in the cabinet.
*Market rout comes before next week's $99 billion in coupon debt.
NEW YORK, June 20- Ben Bernanke, the U.S. central bank chief whose massive stimulus program drove bond yields to historical lows and minted a mountain of profit for fixed-income funds along the way, is now the arch nemesis of bond mavens.
The Fed sees the downside risks to the outlook for the economy and labor markets as having diminished since the fall. Pimco co-CIO and founder Bill Gross, provides perspective.
June 11- PIMCO Total Return Fund, the world's largest bond fund, decreased its holdings of U.S. The fund, which has roughly $285.2 billion in assets and is run by Bill Gross, had previously increased those Treasury holdings in April to 39 percent from 33 percent the previous month.
June 11- PIMCO Total Return Fund, the world's largest bond fund, decreased its U.S. The fund, which has roughly $285.2 billion in assets and is run by Bill Gross, had previously increased those Treasury holdings in April to 39 percent from 33 percent the previous month.
Bill Gross, PIMCO, says the Fed's policies are part of the problem and not the solution. He says rates are so low you reduce the incentive among investors to take risk.
Will stocks fall if bond yields rise? Pimco's Bill Gross offers insight. "There is going to be a mild positive correlation:If bond prices go down, stock prices will go down as well," he says.
Mark Carney may move to depreciate the pound, according to Pimco, a gambit which would see the U.K. join the global battle of countries competing to soften their currencies.
Bill Gross, PIMCO, says the economy is not headed towards recession.
Pimco CIO Bill Gross's stamp collection is one of the top 3 in the world, and he is auctioning a portion of it off today, reports CNBC's Robert Frank. One bit of advice he gives is trading is part of the fun.
Pimco Bill Gross' stamp collection is one of the top 3 in the world, reports CNBC's Robert Frank. Returns on stamps are up 9 percent in 1 year.
The massive amounts of liquidity being pumped into markets by global central banks are tantamount to "monetary Red Bull" and may have unexpected consequences for businesses and economies, Bill Gross told CNBC on Monday.
Global risks are rising, and that has Pimco investing in higher quality, highly liquid investments like Treasurys, bond investor Bill Gross told CNBC.
Pimco's Bill Gross says Warren Buffett, George Soros and even himself have benefited from favorable market conditions. Dennis Gartman, The Gartman Letter and Joe Greco, Meridian Equity Partners, share their opinions.
Bill Gross, PIMCO founder and co-CIO, discusses why Wall Street can't call him "the bond king" anymore, the current market conditions, and what it means to be a great investor.