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Gross on Bonds: Not Time to Jump the Ship

Thursday, 27 Jun 2013 | 2:06 PM ET

Since June 1, the market has seen an all-time record of bond outflows, with CNBC's Rick Santelli. Bill Gross, co-CIO and founder of PIMCO, discusses the "new normal" for the 10-year Treasury, and when the Fed might begin tapering.