Gross expecting only a modest bond bear market

Seeking Alpha

Published Jan 11, 2018 11:43AM ET

Gross expecting only a modest bond bear market

  • Bill Gross made some headlines earlier this week when he said the official bond bear market was confirmed after the 10-year Treasury yield jumped to 2.60%.
  • Judging by his new Investment Outlook, maybe what Gross should have said was that yields have about topped out for the year. In this morning's report, Gross suggests the 10-year yield should end the year at about 2.70%.
  • This bond bear market will be a mild one, says Gross, with annual returns still at least barely positive.
  • ETFs: AGG, BND, PTY, BOND, RCS, BTZ, DBL, PCM, SCHZ, BHK, SPAB, JHI, INC, IUSB, AGGY, FBND, JMM, VBF, ICB, TAI, PAI, GTO, SAGG, AGGP, GBF, VBND, DWFI, AGGE, HQBD
  • Now read: Pimco Corporate & Income Opportunity Fund: A Tortoise, But A Winning Tortoise For Delivering Outstanding Dividend Income For Investors

Original article

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