Pimco Seeks Protection From Fed’s Inflation in Australia, U.S.

Pimco Seeks Protection From Fed’s Inflation in Australia, U.S.

Brendon Thorne/Bloomberg

A man cycles across the Pyrmont Bridge in the central business district in Sydney. Australian inflation bonds returned 8.4 percent this year through Oct. 31, the most among AAA rated issuers of the securities, according to Bank of America Merrill Lynch indexes.