Why Bill Gross expects a US recession to begin at the end of the year

Why Bill Gross expects a US recession to begin at the end of the year

Bill Ackman isn’t the only boldface name on Wall Street who thinks the U.S. economy is in worse shape than official numbers suggest. See: Bill Ackman is making a bet against Treasuries as yields hit a 16-year high Bill Gross, co-founder of fixed-income investing giant Pacific Investment Management Co., said Monday in a social media …

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Dow Falls 100 Points After 10-Year Treasury Yield Above 5% for First Time Since 2007: Live Updates

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Traders work on the floor of the New York Stock Exchange (NYSE) on August 26, 2022 in New York. Spencer Platt | Getty Images Stocks fell on Friday as a rise in 10-year Treasury yields sparked broader concerns about the state of the economy. The S&P 500 lost 0.6% and kept pace with its first …

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