'Bond King' Bill Gross says he's 'out' of regional bank stocks – and is bearish on 10-year US Treasurys

"Bond King" Bill Gross said he's sold his holdings in regional bank stocks just four months after snapping up battered shares in small US lenders. The PIMCO co-founder scooped up shares in Western Alliance and PacWest, Synovus Financial as well as SPDR S&P Regional Banking ETF, back in April...