06 Dec Gross warns Fed should be ‘more cautious’ amid investor bond binge
NEW YORK, Dec 7 (Reuters) – Influential bond investor Bill
Gross of Janus Henderson Investors warned Thursday the Federal
Reserve should be “more cautious and easier” in its
interest-rate hiking campaign, given the enormous exposure
investors have to pricey risk assets including corporate bonds
and high-yield junk debt.
Gross of Janus Henderson Investors warned Thursday the Federal
Reserve should be “more cautious and easier” in its
interest-rate hiking campaign, given the enormous exposure
investors have to pricey risk assets including corporate bonds
and high-yield junk debt.
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