Bill Gross runs the biggest bond funds on the planet at PIMCO. So Bill's Thoughts on bonds are worth reading. In this excerpt he suggests, as I have in class, that the problem in real estate wil not be limited to just a crash in a couple of Bear Stearns funds. No the real problem is in thousands of speculations in Miami and Las Vegas as well as folks that are over their heads in main street USA.
I suggest you book mark the PIMCO site map for reference on learning more about bonds.
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