Pimco Makes Gross Miscalculation, Says Rombach
Reuters Credit Analyst Ed Rombach says fiscal austerity and rising prices may keep U.S. Treasury yields down even after QE2 ends and Bill Gross’ net short position in U.S. Treasuries is wrong.
Reuters Credit Analyst Ed Rombach says fiscal austerity and rising prices may keep U.S. Treasury yields down even after QE2 ends and Bill Gross’ net short position in U.S. Treasuries is wrong.