PIMCO’s Gross: U.S. At Risk of Losing Top AAA Rating

May 21, 2009

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Bill Gross, manager of the world’s biggest bond fund, warned on Thursday the United States will eventually lose its top AAA credit rating, a fear that had already spooked financial markets on Thursday and could keep the dollar, stocks and bonds under heavy selling pressure.

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PIMCO’s Gross: U.S. At Risk of Losing Top AAA Rating

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