“Traders have been piling into the nation’s debt ever since European Central Bank President Mario Draghi announced his intention to commence U.S.-style quantitative easing, a debt-buying program aimed at keeping yields low and goosing the financial markets with liquidity.  ‘It’s just a question of when,’ Gross said during an interview on CNBC’s ‘Power Lunch.’ ‘It’s certainly a trade that doesn’t cost you anything in the short term, because it doesn’t yield anything and it has the ultimate potential of a 10 or 15 percent (return) over a one- or two-year period of time.'”

http://www.cnbc.com/id/102605761

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