Bill Gross Shorts Treasury Bonds

Libyan dictator Qaddafi has reportedly accepted an
offer to join cease-fire negotiations with Libyan rebels. This is a smart
move, perhaps the first from Qaddafi in some time. With the no-fly zone
over Libya, and the escalation of strategic strikes, the international
community has clearly sent the message that it wants Qaddafi out of

And Qaddafi got the hint. As I like to say, he
might be dumb, but he

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