Report: Pimco’s Gross Sells All US Treasury Holdings

Wednesday, 09 Mar 2011 01:36 PM
By Dan Weil

Pimco’s star bond manager Bill Gross has offered a bearish view on Treasurys in his latest market commentary and remarks to the media. And according to a report on ZeroHedge.com, he acted on this bearishness in January, selling all of the Treasury holdings in Pimco’s Total Return Fund, the world’s largest mutual fund.

Pimco officials weren’t immediately available for comment.

“Based on still to be publicly reported data …, the world's largest bond fund, in the month of January, has taken its (U.S. government) bond holdings to zero,â€