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Bond Giant Pimco Buys Treasurys in Recent Weeks.

Authors :
Zeng, Min
Gongloff, Mark
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."

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