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Bill Gross Doesn't Need Your Pity

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“We're not overweight Treasuries. We're certainly underweight Treasuries, but that does not mean we don't own lots of other bonds. German bunds and Canadian bonds are rallying. We simply think those are better alternatives. It does not mean as well that we're not a little bit shy in terms of duration...Bloomberg's numbers as of last night show us beating 2/3's of managers. We’re having a good year…so don't cry for Pimco.”

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