Vad betyder det att obligationskungen Gross precis dumpat obligationer?

Bill Gross, the manager of the world’s largest bond fund, $237 billion Pimco Total Return, has cut the fund’s holdings of Treasury bonds to zero. The move doesn’t mark the end of the world as we know it — Gross cut his fund’s holdings of U.S. government debt to zero in early 2008, and the United States and the bond market are still standing.

But I’d never suggest ignoring Gross’ actions, his timing or his logic. His latest move has important lessons for investors, although perhaps not the obvious ones………….

Bond king Gross dumps Treasurys – 1 – QE2 & US debt – MSN Money.