On the news that Bill Gross, head weirdo at PIMCO, sold all of his treasuries, the market responded by bidding them up.
Long dated treasuries, best represented by TLT, was up more than 0.95% today, closing at $90.55. The million dollar question is: where will Bill put his money next? Corporates? Munis? Fucking idiotic and childish stamp collection?
TLT
