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Bond turmoil scary as hell: Bill Gross

The rout sends 10-year and longer-term Treasuries down 7.4% since end-March, but the legendary bond investor doesn't see the threat of a bear market
Saturday, June 6, 2015 - 05:50
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VETERAN'S VIEW: Mr Gross recognises the tremendous liquidity problems and the ups and the downs on a daily basis - or even on a minute basis - and says that Treasuries have fallen to fair levels.

Singapore

TREASURY prices are falling enough to spook even 44-year veteran Bill Gross. The rout has sent US government securities maturing in 10 years and longer down 7.4 per cent since the end of March, heading for the biggest quarterly loss since 2010, based on Bloomberg World Bond