NOT FOR REPRINT
Bill Gross Says 'Total Return' Strategy He Pioneered Is 'Dead'
By
Janet Levaux
News May 07, 2024 at 12:40 PM
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What You Need To Know
- Yields are much lower than when he first coined the concept.
- At about 4.6%, the 10-year Treasury yield compares with a peak of almost 16% in 1981.
- U.S. debt requires the government to raise the level of outstanding Treasurys by up to a net $2 trillion a year, he says.
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