Bond King Bill Gross Is Staying Away From Regional Bank Stocks. Except for These 3.
October 30, 2023
Bill Gross Recession Bet Has Minted Millions From Bond Rally
December 1, 2023How legendary investors caught the interest rate break
By Tim Fernholz
November 3, 2023
Bill Gross and Bill Ackman called the end of bear bond market
Rising rates are no good for bond traders. Each time the Federal Reserve hikes its benchmark rate, older bonds with lower rates become less valuable, forcing arbitrageurs to search for higher yields.
