Sovereign Debt Fears to Keep Markets Under Pressure: Gross

http://www.cnbc.com/id/35241298

“The magnitude is not the same as the subprime crisis, but to a certain extent, they're similar,” Gross said in a live interview.

Gross said he believes Greece's sovereign debt problems will eventually be solved.

“We don’t sense that Greece is a risk from the standpoint of actual default—it will be resolved," he said.