The money manager also boosted his bets on China e-commerce giant JD.com Inc.
Active bond funds are bleeding record cash as passives lure billions.
Rates on short-dated bills have soared ahead of the so-called ‘X-date' early next month.
The Bridgewater Associates founder said the nations are "already on the brink of war."
Small lenders present “an enticing long-term investment,” according to Gross.
Bond managers are assessing how bad the fallout is from Fed interest rate increases.
Banking woes have prompted bond traders to dramatically shift expectations for monetary policy.
Eddy Vataru of Osterweis Capital Management says an extra 25 basis points isn't necessary.
The yield on six-month US Treasury bills rose as high as 5.14% yesterday.
Rajiv Jain of South Florida takes big positions in a select number of stocks.