Gross tweeted: “Not braggin' but what did we tell you” about short-term treasuries.
BlackRock CEO Laurence D. Fink said most of the “anemia” in the U.S. economy and uncertainty from CEOs at American companies is a result of government policy and this year's sequester.
Bond investors are losing confidence in the Federal Reserve's pledge to keep benchmark interest rates at about zero into 2015 as the U.S. economy accelerates.
The Federal Reserve will at its next meeting reduce its unprecedented stimulus to as little as $60 billion each month, according to Bruce Richards, chief executive officer and co-founder of New York-based hedge-fund firm Marathon Asset Management LP.
He says the Fed sees the economy healing and aims to prevent unintended consequences of its monetary policy.
The CFTC, starting in the 2014 fiscal year, would set a fee for futures, options on commodities, and swaps to fund the agency
Pimco's bond guru says such investments will be bolstered by the Federal Reserve's intent to keep benchmark lending rates at almost zero.
Toronto-Dominion Bank is ramping up its U.S. asset management business while doubling the number of advisers for wealthy American clients in an bid to accelerate profit.
