BlackRock says PIMCO wrong on USTs

Actually, I like seeing contrary opinions.
In this case I'm apt to side with Gross, who is not short the bond market, but thinks treasuries do not provide sufficient returns. Gross is certainly the more colorful saying Treasuries offering negative real returns are essentially allowing the gov't to pick the pocket of bond investors.

i'm sure gross is mightily relieved to hear that you are siding with him.

Not that I'm a big Gross/PIMCO fan, but you've got a long history of consistently correct calls on one side versus an index manager (at best) that needed to hire a new head of "fundamental fixed income" from Lehman in 2009!

And I'm not going to even mention their calls on NYC realestate!

How can any normal person know when the smartest men in the room say different things. I have no idea. But it is like real estate calls too, one smart person says one thing and the other smart person says the opposite. And then there's a bunch of people with their own self interests rather than intelligence that you have to filter out.

Rieder is a credit expert not treasury expert despite his current job title. His hedge fund was a disaster.

i don't know who this gross person is, but you should never listen to the smartest men in the room, because they just want to steal your money, believing they deserve it more than you do. you're welcome.

Yes