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2010.10.2711:17:00UTC+00Gross says Resumption of Asset buying by fED Will Signify End of 30-Year Bull Market in Bonds

News:

  • Bill Gross, of Pacific Investment Management Co, said a resumption of asset purchases by Fed will likely mark the end of the 'great' 30-year bull market in bonds
  • The Fed will likely announce another round of large-scale asset purchases when policy-makers meet next week, after deploying $1.7trn to pull the economy out of the financial crisis



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