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Bill Gross Goes Short Treasuries: "10Y Could Reach 2.8% By Year End";

• https://www.zerohedge.com, by Tyler Durden

Update: and just as the former Pimco bond king goes short, his prior employer prepares to take the other side of the trade.

DAN IVASCYN, GROUP CHIEF INVESTMENT OFFICER AT PIMCO, SAYS PIMCO WOULD CONSIDER ADDING U.S. TREASURIES ON FURTHER BOND MARKET WEAKNESS - Reuters - 10:35 AM (UTC-05:00) Eastern Time (US & Canada) Jan 10, 2018  

IVASCYN SAID U.S. SHORTER-DATED TREASURIES "LOOKING MORE INTERESTING AT THESE LEVELS"; HE SAYS PIMCO "PREFERS FRONT END" OF U.S YIELD CURVE

One day after Bill Gross declared the end of the 25 year bond bull market...

... because when looking at the 10Y chart the yield had risen above the resistance trendline...

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