Gross Adds to Holdings of Treasuries After TIPS Losing Bet – Bloomberg 07-15-13

Salient to Investors:

Bill Gross at Pimco added to holdings of Treasuries to 38 percent of his fund and added holdings of mortgage securities to 36 percent in June. Gross cut non-US developed nations’ debt to 5 percent, while investment-grade credit holdings were unchanged at 6 percent.

Read the full article at  http://www.bloomberg.com/news/2013-07-15/gross-adds-to-holdings-of-treasuries-after-tips-losing-bet-1-.html

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