Morningstar.com - PIMCO's Bill Gross Is Worried
This is an interesting article where a major bond guru predicts long term rates to remain low and to get even lower......what?
Who knows he might be right, he might not be. I don't buy into some of his fears about the American economy, I believe the economy will be good long term and that stocks will outperform bonds. But in the short term anything can happen - even 3% 10 year treasury yields.......