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PIMCO sold US-Bonds (March 2011)

A german source reported that PIMCO started to sell off or even almost sold it's entire positions of US-bonds and related holdings (TIPS, derivatives...). Time: 2011-03-09  (9th of March).

PIMCO was described as the worlds largest fund for US-Bonds and that it was formerly known as a part of the FED's system or let's say: always acting as expected by "The System".

The volume we are talking about lies around $245 billion.