By: Forbes Real Time
June 27, 2013 at 07:15 AM EDT
Pimco's Bill Gross To Bond Investors: Batten Down The Hatches, Don't Jump Overboard
The bond market has gotten something of a shock over the last week, since Ben Bernanke confirmed the Federal Reserve won't keep the punch bowl filled forever and sent the 10-year Treasury yield on a steep climb to 2.55% and its highest levels in more than a year.
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