Gross is now saying same thing about Q3 and actually buying the treasuries :
PIMCO's Gross raises Treasuries in flagship fund
http://news.yahoo.com/pimcos-gross-raises-treasuries-flagship-fund-211555953.html
PIMCO's Gross raises Treasuries in flagship fund
http://news.yahoo.com/pimcos-gross-raises-treasuries-flagship-fund-211555953.html
Gross also recently tweeted that the Federal Reserve would hint at a third round of bond purchases, or QE3, at the Jackson Hole meeting in August. In that regard, he said the front end of the U.S. Treasury yield curve represents the best value on a duration-adjusted basis.
It's funny 'cause its true...