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Economy
World Biggest Fund Dumps Treasury Bond Holdings
2011-03-09
Reuters and CNBC say that Pimco's $236 billion Total Return Fund, the world's biggest bond fund, has dumped all U.S. government-related securities, including U.S. Treasuries and agency debt.
Which does lead to the question, discussed in detail at Zero Hedge, of who is going to buy all these bonds if Bernanke stops, and at what price. Supply, say hello to demand.
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