Bill Gross Blames Hedging Costs as U.S. Treasury Rout Deepens
Bill Gross, fund manager of Janus Capital Management LLC. (Photographer: David Paul Morris/Bloomberg)

Bill Gross Blames Hedging Costs as U.S. Treasury Rout Deepens

(Bloomberg) -- On a day where yields on 10- and 30-year Treasuries surged to multi-year highs, Bill Gross sees dimming demand from foreign investors adding to the pain.
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