Dec 5th, 2013 (www.cnnmoney.com )
Bondholders may be having a tough fall and winter as the US Treasury 10-Year bond's prices fall, but Pimco’s Bill Gross isn't too stressed. Well, not when it comes to short-term bonds, at least. The co-founder of the world's largest bond fund thinks the Federal Reserve Bank will keep short-term rates low well into 2016, if not beyond. Gross needs to be right, if just for the sake of his fund. Pimco's Total Return fund has had seven straight months of outflows with a total of nearly $37 billion leaving the fund in 2013. November's outflows of $3.7 billion now leave the fund at $244 billion assets under management.
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