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Bill Gross says German bund is ‘short of a lifetime’

From marketwatch.com

Bill Gross has the perfect remedy for investors baffled by record-low yields in the eurozone. According to the bond guru, shorting low-yielding eurozone bonds is a great opportunity for profit, at a time when “not even ‘thin gruel’ is being offered to our modern day Oliver Twist investor.” In fact, Gross went as far as to call the 10-year benchmark German Bund “the short of a lifetime” in a Tweet Tuesday. The only question for the former Pimco chief, who now runs the Janus Global Unconstrained Bond Fund for Janus Capital Group, is the ideal timing for such a move, given the European Central Bank’s aggressive QE ... (full story)

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