Bill Gross Recommends T-Bill Investment Amid Debt-Ceiling Concerns

1 min read
Source: Bloomberg
Bill Gross Recommends T-Bill Investment Amid Debt-Ceiling Concerns
Photo: Bloomberg
TL;DR

Bill Gross, former CIO of Pimco, advises buying short-term Treasury bills as he expects the debt-ceiling issue to eventually be resolved. He suggests buying one-month or two-month T-bills at a higher rate than longer-term Treasury bonds.

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