Gross vs Dealers

“I could join the dealers and say the 10-year’s not going to go to 4 percent, so what am I left with?” Gross said in a telephone interview April 20. “I’m left with an under-yielding, less-than-inflation security. I have better choices. As a firm we’re not going to put up with it.” (Bloomberg)

http://www.businessweek.com/news/2011-04-25/bill-gross-battles-dealers-on-outlook-as-treasuries-gain.html