Bill Gross Of PIMCO Says Interest Rates Will Stay Low For A Long Time

Posted By on December 2, 2011

Bill Gross of PIMCO says (despite today’s positive unemployment news) things continue to be bad, and interest rates will likely stay at record lows for another four years.

From Bloomberg:

Pacific Investment Management Co.’s Bill Gross said U.S. employment growth won’t prevent the Federal Reserve from signaling that borrowing rates will remain lower longer than policy makers have already indicated.

The Fed will keep the target rate for overnight loans at current levels for as long as four years, up from the through the middle of 2013 period outlined, Gross, manager of the world’s biggest bond fund, said in a radio interview on“Bloomberg Surveillance” with Tom Keene and Ken Prewitt.

.“The Fed is focusing on the problems in euro land and the potential lock-up of the financial markets. The QE3 that I expect is really not an increased amount of purchasing in terms of the Fed’s balance sheet but an extended period language that allows the market to anticipate a two, three, or four years period of time where fed funds stay at 25 basis points.”

“The Fed is going to stay low for a long, long time, and that keeps twos and fives and actually tens fairly well anchored,” Gross said. “But it’s the 30-year that will reflect these reflationary efforts not only from the Fed but from the ECB” and other European central banks working in conjunction with the International Monetary Fund to support the highly-indebted peripheral European nations.

Gross advised investors to keep their money in only the safest investments, such as government debt of the U.S. or Canada, or even in cash. High-dividend paying shares from companies such as Coca-Cola Co. (KO) and Procter & Gamble Co. (PG) are also attractive, he said.

“To the extent that you can get 3.5 or 4 percent from an electric utility or a Coke or a Procter and a very stable cash-flow-type of company relative to 2 percent 10-year Treasury,”it’s an attractive investment, Gross said. “One has to be suspicious in terms of the risk premium because markets go up 2 or 3 percent a day.”

About the author


20 Responses to “Bill Gross Of PIMCO Says Interest Rates Will Stay Low For A Long Time”

  1. cheap jordans online

    Recently, this Pai grain is strange 2016 autumn winters taste a news briefing newly in Jin Jiang hotel of Jin Ma state guest is held ceremoniously.

  2. cheap jordan shoes

    Even if is oily skin, one day is washed 3, 4 faces are contented already, after cleaning, also should remember protecting wet, skin is too otherwise as dry as a chip give more oil instead, or work inside the oil outside becoming.

  3. Start making money right Now

    I saw this really good post today.

  4. Congratulations! Your new commission account can now have up to $37,950.00 a month

    This is my Excerpt

  5. cheap kicks online

    Shop our premium selection of nike air max online now for great prices. Find great deals on womens air max clothing accessories, including discounts on the.

  6. Sex Online says:


    […]Wow, awesome blog format! How long have you been blogging for?[…]

  7. Air Jordan Shoes Low 30th

    Nike LeBron James Basketball Shoes & Sneakers |bestairjordansuscheaps2021 LeBron James has already arguably had a Hall of Fame career despite still playing. Great prices and discounts on the best baseball jerseys, basketball.

  8. Nike Running Shoes

    LeBron James Signature Sneakers: Ranking the Best of the King,lebron 1 retro | NIKE LEBRON bestairjordansuscheaps2021- LeBron James Shoes,Nike LeBron James Basketball Shoes for Men for Sale | Nike LeBron James Basketball Shoes & Sneakers.

  9. Original Nike KD Shoes

    Women’s Jordans – bestairjordansuscheaps2021 Air Jordan Shoes &Nike Air Jordan Sneakers for Women – Up to 50% off,Get the best deals on Jordan Sneakers for Women when you shop the largest online selection,Shop the latest styles in Jordan shoes.

  10. Kids Air Jordan Shoes

    Cheap Air Jordans Nike Air Jordans Shoes Online Sale bestairjordansuscheaps2021 鈥?Cheap Nike Air Jordans Store Provide You Good Air Jordan Shoes. Include Jordans Retro,50% Off Discount Men’s Shoes,Authentic Air Jordans 5,Cheap Air Jordan 5 Shoes On Sa…

  11. Cheap Real Jordans 3

    Air Jordans 11 – bestairjordansuscheaps2021 Michael Jordan Shoes,Buy and sell Air Jordan 11 shoes at the best price, the live marketplace for 100% real Air Jordan sneakers and other popular new releases.

  12. Nike Running Shoes For Sale

    Cheap Air Jordans For Sale bestairjordansuscheaps2021 | Cheap Jordan Shoes Online …FAST shipping on ALL our great selection of cheap air jordan retro shoes. New custom air jordan releases,Get the best deals on Jordan Basketball Shoes when you shop th…

  13. Midnight Air Jordans

    Lebron James: bestairjordansuscheaps2021 Every Sneaker He’s Has Worn in his NBA career,Nike LeBron 1 shoes at the best price on StockX, the live marketplace for 100% real Nike sneakers and other popular new releases.

  14. Cheap Real Air Jordan Shoes

    Air Jordan Release Dates for 2020 & 2021 | bestairjordansuscheaps2021 Jordan Retro Shoes | Air Jordan Retro Sneakers |Air Jordan Retro 4,cheap Air Jordans 4,Nike Air Jordans Retro,Real Jordans Cheap – Retro Cheap Jordans For Sale.

  15. Jordan Why Not Zero WestBrook Shoes

    LeBron James sneaker; bestairjordansuscheaps2021 original lebron shoes NIKE LEBRON SOLDIER XIII SFG EP; original lebron shoes Nike LeBron James Shoe Line History.Nike LeBron James Basketball Shoes & Sneakers | His latest sneaker, the LeBron 18 is desig…

  16. Jordan Shoes 9

    Air Jordan 11 Sneakers bestairjordansuscheaps2021| Buy Cheap Air Jordan 11 Retro “Concord” For Sale Online,It is arguably one of the most loved Jordan styles. The Benefits Of Buying The Air Jordan Retro 11 (XI) Concord. Cheap Air Jordan 11 鈥?New Jord…

  17. Cheap Jordan Shoes

    Real Jordans Shoes: bestairjordansuscheaps2021 Authentic Cheap Jordan Shoes,Find Real Cheap Jordans Online Outlet Store, The Latest Jordan Shoes Release Jordan Retro 11 Jordan Retro Shoes | Air Jordan Retro Sneakers | Get Huge Selection & Low Prices on…

  18. weighted vest for running womens

    Reduced obesity for weighted-vest wearers -iamazonsurmountwayweightedvest_2021 Scientists have found a new method of reducing human body weight and fat mass using weighted vests. Are you ready for a weight vest? Just in case you weren’t aware, weight…

Leave a Reply

You must be logged in to post a comment.

Copyright © 2023 The Stated Truth