PIMCO would only buy Treasuries on recession risk (Reuters)

Reuters - PIMCO's Bill Gross, who runs the world's largest bond fund, said on Friday the only way he would reverse his "short" position on U.S. government-related bonds and purchase Treasuries again is if the United States heads into another recession.

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20110506/bs_nm/us_investing_treasuries_pimco

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