PIMCO's Gross said heavy exposure to MBS is a bet rates will stay low

04/5/2012 | CNBC · Reuters

Bill Gross, who runs the biggest bond fund in the world at PIMCO, explains how he is betting that interest rates will stay low with heavy exposure to agency mortgage-backed securities. Gross said agency MBS look attractive if the central bank maintains current interest rates.

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CNBC · Reuters

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