Bloomberg Finds Greek Bonds on Bill Gross’ Black List

Mar 26th, 2010 | By Rob | Category: DS Video

Bill Gross Manages PIMCO's Total Return fund, the largest bond fund in the world.

The “bond king” of PIMCO, Bill Gross, tells Bloomberg and the world his strategy on the issue of Greek debt… “Stay away!”

In the interview, Gross explains recent moves of the Absolute Return PIMCO fund, including record low holdings of Long Term U.S. debt and increased holdings of “core” European bonds, most notably Germany.

Having trouble with the video? Click here for the link to the player on Bloomberg.com…

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Read more on Bond Investing, Investing in Greece, at Wikinvest
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