The Traderszone Network

Published in TZ Latest News 24 June, 2015 by The TZ Newswire Staff

Bill Gross Love Affair With Mexico Endures Long After Pimco Exit

Bill Gross is no longer running the world’s biggest bond fund, but one thing hasn’t changed: his love for Mexico. In a Twitter post Thursday, Gross said the country offered the “most attractive yields in the world,” a week after proclaiming on a CNBC interview that Mexico’s government debt was his “best” recent trade idea. The 71-year-old Gross, who departed Pacific Investment Management Co. in September, emerged as a Mexico bull three years ago when he praised its bonds and currency as the nation prepared sweeping changes to its energy policies.