Does ECB Easing Pose a Risk to Bond Investments?

Fund manager Bill Gross said he switched positions on European debt following a Bloomberg report that the European Central Bank will probably gradually wind down bond purchases before the conclusion of quantitative easing. “The minute it posted, the 10-year bund contract dropped almost a point,” Gross said in an interview with Bloomberg Television’s Erik Schatzker on Tuesday. The report “caused me to basically reverse positions in terms of being long duration to being short duration.” G Plus Economics Managing Director Lena Komileva discusses the outlook for bonds and negative yields with Bloomberg's Anna Edwards and Manus Cranny on "Countdown." (Corrects wording in the headline)

Einhorn Amps Up the Pressure on Tesla and GM
02:31 - Hedge fund manager David Einhorn has two of the most frustrating trades in the market: a long position in General Motors Co. and a short against Tesla Inc. Bloomberg's David Welch has more on "Bloomberg Markets." (Source: Bloomberg)
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