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TIMESTAMP: Bill Gross Calls The Moment The Great Bond Bull Market Ended

Matthew Boesler

PIMCO bond investing legend Bill Gross has called the end of the 30-year secular bull market in bonds in a tweet this morning.

Gross: The secular 30-yr bull market in bonds likely ended 4/29/2013. PIMCO can help you navigate a likely lower return 2 - 3% future.

— PIMCO (@PIMCO) May 10, 2013

The chart below is a look at the 10-year U.S. Treasury yield over the past five years. The small back-up in interest rates since April 29 is highlighted on the far right.

The Bill Gross Top

Business Insider/Matthew Boesler, data from Bloomberg

The next chart is a zoomed-out look at the 30-year secular bond bull market. The little blip hasn't even shown up on that chart yet.

30-year secular bond bull market

Business Insider/Matthew Boesler, data from Bloomberg

In April, PIMCO boosted its holdings of Treasuries to the highest levels in over a year, and Gross said in his May investment letter that Treasuries "are  better than the alternative (cash) as long as central banks and dollar reserve countries (China, Japan) continue to participate."

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