Bill Gross Calls Treasurys ‘Overvalued’ After Scoring on Last Year’s Rally

• “Bond king” Bill Gross is staying away from Treasurys, saying the 10-year is overvalued at 4%.
• He suggested Treasury Inflation-Protected securities “if you need to buy bonds.”
• The legendary bond investor made millions betting on the direction of interest rates last year. 

Bill Gross is keeping away from bonds following his successful bet on the direction of rates at the end of 2023, with the billionaire investor saying in a post on X that he sees the 10-year Treasury as overvalued a