Bill Gross Shorts US Gov Bonds
According to a number of news reports, PIMCO's Total Return Fund, the world's largest bond fund, has now gone short US gov't securties.
The best way I know to follow PIMCO's lead in CAPS is a red thumb on ticker TMF - a leveraged ETF that's long long-term treasuries. You could also green thrumb TBT, a leveraged EFT that's short long-term treasuries, but I'd rather have the fund friction helping my pick than fighting it.
Disclosure - no position in TMF or TBT.