PIMCO's Gross on Bernanke: Fed Tapering Due to Levered Risk Positions
Tweet
Share
E-mail
According to a Twitter post from its official account today, PIMCO's Bill Gross has this to say about Fed chairman Ben Bernanke's speech today:
U.S. Treasuries are higher while the U.S. dollar slips late Wednesday.
Gross: Bernanke – Fed tapering due to levered risk positions. Also: watch policy rate more than taper. Dovish speech.
— PIMCO (@PIMCO) July 10, 2013
U.S. Treasuries are higher while the U.S. dollar slips late Wednesday.
Create E-mail Alert Related Categories
Fed, Insiders' BlogRelated Entities
William H. Gross, Pacific Investment Management Company, LLC (PIMCO), Ben S. Bernanke, TwitterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
