Gross Says U.S. Nearing Recession as BlackRock Sees Fed Step
Bill Gross, who runs the world's largest mutual fund at Pacific Investment Management Co., said the U.S. is approaching a recession as BlackRock Inc. (BLK) expects the Federal Reserve to take more steps to support growth.
Five-year Treasury yields slid to a record 0.577 percent yesterday after a...
FF News: Fundamental