Bill Gross's Pimco Makes $8.1 Billion Bet Against U.S. Deflation

World's Largest Bond Firm Makes $8.1 Billion Bet Against Deflation

Sept. 15 (Bloomberg) -- Bill Gross's Pacific Investment Management Co. made an $8.1 billion wager that the U.S. won't suffer a decade of deflation like the one that crippled Japan starting in the 1990s.

That's the notional value of long-term derivative contracts tied to the U.S. consumer price index that Pimco's mutual funds entered into during the first half of this year, according to a regulatory filing.

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