Bill Gross sees better value in German and Canadian bonds

‘Bond king’ Bill Gross explains why he is negative about US bonds and can see better value in Germany and Canada in this Bloomberg interview:

‘What we are trying to do is find some countries that are less financially repressed…In the United States, the policy rate at 25 basis points is about 300 basis points less than inflation. That, along with the examples in the UK, are financially repressive, meaning that investors earn a substantial amount less than inflation. We want countries where we can do better than that.’