FastSaying

A bullish orientation towards the front-end of the curve therefore should begin to dominate bond strategies, combined with an avoidance of anything that carries those low-risk premiums that Greenspan finally diagnosed, ... Those assets include real estate, equities, high yield, corporate, and some areas of emerging-market debt.

Bill Gross

Bill Gross

BeginBondCombinedCurveDominateFrontOrientationStrategiesTherefore

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