From Bloomberg: Pimco’s Bill Gross more than doubled his
holdings of municipal debt sold in New York, helping propel the world’s largest
bond fund to its biggest investment in local securities in six years. The $285
billion Total Return Fund, which Gross runs at Pacific Investment Management
Co., boosted its New York state allocation to about $3 billion in the quarter
ending Sept. 30, from $1.4 billion as of June 30, according to a regulatory
filing....
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