Reported about 1 year ago
Bill Gross, co-founder of Pacific Investment Management Co., believes European bonds are becoming more attractive compared to US Treasury bonds following surprising election outcomes in the region, with French bond yields hitting their highest point this year. Gross emphasized the narrowing spreads on German and French 10-year bonds compared to Treasuries, despite recent election uncertainties impacting markets. He also shared his investment preferences including pipeline master limited partnerships and regional bank stocks amid economic slowdown concerns, while anticipating potential impacts on assets as the US election approaches in November.
Source: YAHOO