Tags: gross | recession | options

Gross: 'High Probabily of Recession' in US

Friday, 19 Aug 2011 01:37 PM

Bill Gross, manager of the world's largest bond fund, said on Friday the rally in Treasury yields to 60-year lows reflect a high probability of recession in the United States.

Gross also told Reuters Insider that it has become increasingly apparent that policy options to spur economic growth are limited.

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Bill Gross, manager of the world's largest bond fund, said on Friday the rally in Treasury yields to 60-year lows reflect a high probability of recession in the United States. Gross also told Reuters Insider that it has become increasingly apparent that policy options to...
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