Bill Gross Shorts Treasury Bonds

Libyan dictator Qaddafi has reportedly accepted an
offer to join cease-fire negotiations with Libyan rebels. This is a smart
move, perhaps the first from Qaddafi in some time. With the no-fly zone
over Libya, and the escalation of strategic strikes, the international
community has clearly sent the message that it wants Qaddafi out of
office.

And Qaddafi got the hint. As I like to say, he
might be dumb, but he