From Investing.com: 2024-05-26 17:45:59

Renowned bond investor Bill Gross stated that a second Trump presidency would be more detrimental to bond markets due to increased deficits. He highlighted Trump’s focus on tax cuts and expensive programs as reasons for his bearish outlook, even though Biden’s administration also faces financial challenges. Gross, known as the “Bond King,” founded PIMCO.



Read more at Investing.com: Bill Gross says Trump is ‘bearish’ choice for bond markets By Reuters