BUSINESS

PIMCO's Gross: U.S. At Risk Of Losing Top AAA Rating

06/21/2009 05:12 am 05:12:01 | Updated May 25, 2011

Bill Gross, manager of the world's biggest bond fund, warned on Thursday the United States will eventually lose its top AAA credit rating, a fear that had already spooked financial markets on Thursday and could keep the dollar, stocks and bonds under heavy selling pressure.

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