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Bill Gross Says Negative Rates Are Like ‘Supernova’ That Will Explode (BBG)
06-10-2016, 01:29 PM,
#1
Bill Gross Says Negative Rates Are Like ‘Supernova’ That Will Explode (BBG)
Bill Gross Says Negative Rates Are Like ‘Supernova’ That Will Explode (BBG)

by John Gittelsohn at Bloomberg Bill Gross, the manager of the $1.4 billion Janus Global Unconstrained Bond Fund, warned central bank policies that pushed trillions of dollars into bonds with negative interest rates will eventually backfire violently. “Global yields lowest in 500 years of recorded history,” Gross, 72, wrote Thursday on the Janus Capital Group…


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