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Bond Giant Pimco Buys Treasurys in Recent Weeks.
- Source :
-
Wall Street Journal - Eastern Edition . 6/10/2010, Vol. 255 Issue 134, pC1-C12. 2p. - Publication Year :
- 2010
-
Abstract
- The article reports that Pacific Investment Management Co. (Pimco) has shifted its outlook on U.S. Treasury bonds. Previously Pimco, unlike rival firm BlackRock Inc., had expected Treasury prices to fall and interest rates to rise. Pimco has since begun purchasing Treasuries and upgraded its assessment of them from "underweight" to "neutral."
- Subjects :
- *GOVERNMENT securities
*BONDS (Finance)
*INVESTMENTS
*INTEREST rates
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 255
- Issue :
- 134
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 51298006