Gross Explains Bond Market With Smiley Face Mug

May 16 (Bloomberg) -- Bill Gross, Founder and Co-CIO of Pacific Investment Management Co., discusses the epic bond bull market and being at the bottom of the smiley face. He speaks on Bloomberg Television's "Market Makers." (Source: Bloomberg)
Kaisa Defaults on U.S. Dollar Debt
40:57 - Shenzhen developer Kaisa has become the first real estate company in China to default on U.S. dollar debt. Bloomberg’s Christine Hah reports on “First Up.” (Source: Bloomberg)
  • Rio Tinto 1Q Iron Ore Production Up 12%
  • Tsipras to Seize Local Government Funds
  • BMW's Robertson Says China Auto Market 'Normalizing'