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December 2011
Article Title
The Ugly Side of Ultra-cheap Money
Article Introduction
Article Main Body

Click here to read this article, which was originally published December 19, 2011 on ft.com.
Article Disclaimer
A "risk free" asset refers to an asset which in theory has a certain future return. U.S. Treasuries are typically perceived to be the "risk free" asset because they are backed by the U.S. government. All investments contain risk and may lose value.
 
This material contains the opinions of the author but not necessarily those of PIMCO and such opinions are subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. This material is published by The Financial Times. Date of original publication December 19, 2011.
William H. Gross
Profile | Insights
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April 2012
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March 2012
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 View all Insights by William H. Gross

No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. Pacific Investment Management Company LLC, 840 Newport Center Drive, Newport Beach, CA 92660, 800-387-4626. ©2012, PIMCO.

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