Opposing views add to interest-rate woes

06/18/2007 | Bloomberg · Bloomberg

Treasury volatility has only been increased by opposing views from two of the leading thinkers on interest rates. Bill Gross, manager of the world's largest bond fund, said the sad state of the U.S. housing market would force the Federal Reserve to cut interests rates within six to nine months, but former Fed Chairman Alan Greenspan disagrees, saying long-term interest rates remain too low.

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Bloomberg · Bloomberg

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