PIMCO increases bond exposure in developed markets outside the US due to inflation risks.
PIMCO, a $1.9 trillion asset manager, is increasing its bond exposure in developed markets outside the US due to inflation risks. They expect an easing in central bank policies to boost bonds in countries like Australia, Canada, the UK, and the eurozone. The firm is underweight on U.S. fixed income as economic growth in America may continue alongside rising price pressures.
May 08, 2024
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