By Dave Liedtka
May 26 (Bloomberg) -- Pacific Investment Management Co.âs Bill Gross said restrictive lending rates may leave default as the âonly way outâ for some sovereign borrowers when it comes to dealing with growing debt burdens and deficits.
Gross, manager of the worldâs biggest mutual fund, made the comments in his June investment outlook on the Newport Beach, California-based companyâs website today
http://www.bloomberg.com/apps/news?pid=20601087&sid=a0rldTR_XHrk&pos=5
I can't hear anymore PIMCO's Gross and El-Erian. Can somebody please shut down "Radio Pimco" ? Thanks.
May 26 (Bloomberg) -- Pacific Investment Management Co.âs Bill Gross said restrictive lending rates may leave default as the âonly way outâ for some sovereign borrowers when it comes to dealing with growing debt burdens and deficits.
Gross, manager of the worldâs biggest mutual fund, made the comments in his June investment outlook on the Newport Beach, California-based companyâs website today
http://www.bloomberg.com/apps/news?pid=20601087&sid=a0rldTR_XHrk&pos=5
I can't hear anymore PIMCO's Gross and El-Erian. Can somebody please shut down "Radio Pimco" ? Thanks.