‘Total return is dead’: Bill Gross calls time on bond fund term
May 24, 2024
‘Bond King’ Bill Gross is about to make a killing on his stamp collection, but he thinks the market is due for a correction and is getting out
June 9, 2024Bill Gross says Trump would be worse for bond markets than Biden
By Brooke Masters and Lauren Fedor
May 26, 2024
Famed fixed-income investor warns that Republican’s proposed tax cuts would exacerbate rising US deficits
A Donald Trump victory in the US presidential election would be “more bearish” and “disruptive” for the bond markets than the re-election of Joe Biden, according to Bill Gross, the longtime fixed-income investor.
Trump’s return to the White House would exacerbate the burgeoning US deficits that had soured Gross on the market that earned him the “bond king” sobriquet when he was running asset manager Pimco, he told the Financial Times.
