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Bill Gross Says 10-Year Treasuries Are ‘Overvalued’

2023-08-11 18:29
Veteran bond investor Bill Gross reckons benchmark 10-year Treasury notes are “overvalued” at current levels. Speaking in an
Bill Gross Says 10-Year Treasuries Are ‘Overvalued’

Veteran bond investor Bill Gross reckons benchmark 10-year Treasury notes are “overvalued” at current levels.

Speaking in an interview on Bloomberg Television, the former Pacific Investment Management Co. money manager said a yield of about 4.5% on the securities is fair. That rate was around 4.16% in US trading Friday.