of a good week for PTTRX, and with QE3 back on the table Mr. Gross seems to have made a good decision with the mortgage backed securities.http://www.reuters.com/article/2012/04/06/markets-bonds-idUSL2E8F629S20120406?feedType=RSS&feedName=marketsNews&rpc=43
I believe we just tied a 16 month high on the NAV, Looks like we may go higher this week as well,although not by as much in each day.
indeed, I am surprised how sharply rates drop. like a rocket both up and down. they are really making this look like a casino.
Seriously? Where will they get the money to buy more bonds. In fact, who in their right mind would buy bonds at these low rates.