Billionaire investor Bill Gross says the Fed easing up in fighting inflation could fuel a rally in government bonds

Billionaire investor Bill Gross says the Fed easing up in fighting inflation could fuel a rally in government bonds

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Billionaire "Bond King" Bill Gross. Jim Young/Reuters Government bonds may rally if the Federal Reserve eases up on interest-rate hikes, Bill Gross said. US Treasuries are "still overvalued but may rally with future Fed ease," the elite investor said. Bond prices have cratered over the past year,…

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