Gross Doubles New York Bet as California Loses Lead

Gross Doubles New York Bet as California Loses Lead Play

Dec. 27 (Bloomberg) -- Bill Gross has 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. Betty Liu reports on today's "Movers & Shakers" on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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