Pursuits

Janus’s Gross Sees German 10-Year Bunds as Short of Lifetime

Bill Gross on Shorting 10-Year German Bund, ECB QE

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Bill Gross, the bond manager who joined Janus Capital Group Inc. last year, said the 10-year German bund is the “short of a lifetime.”

Gross said he’s betting against German government bonds because of the slow economic expansion in the euro area, the European Central Bank’s stimulus measures, and as concern about Greece’s debt burden grows.