Market is correct pricing in three rate cuts, the question is ‘timing’, says PIMCO’s Bill Gross
January 31, 2024
‘Bond King’ Bill Gross Is Selling His Stamp Collection, With One Expected to Fetch up to $5 Million
March 11, 2024Bill Gross Is Betting on a Steeper Yield Curve
Former Pimco chief flags SOFR-contract trades on social media
Joins those betting on a steeper curve as Fed eyes cuts
Bill Gross said he’s betting that part of the interest-rate curve will return to a more normal pattern, eliminating the inversion that’s persisted even after the Federal Reserve stopped raising interest rates.
Gross, the co-founder and former chief investment officer of Pacific Investment Management Co., said on social media X that he’s buying September 2024 contracts tied to the Secured Overnight Financing Rate and selling the September 2025 o
