Pimco Dumps Two-Thirds of Its Treasuries Before June SelloffBenjamin Purvis and Eshe Nelson
The Pimco Total Return Fund, which lost its place as the world’s largest bond fund this year, cut almost two-thirds of its U.S. government debt holdings in May just in time for a June selloff.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- One of the World’s Hottest Stocks Is Now Tumbling
- This Rare Bear Who Called the Crash Warns Housing Is Too Hot Again
- Recent ‘Odd’ Market Moves May Be a Warning Sign for Stocks
- The Global Economy Is Doing Just Fine, But the Davos Elite Is Worried
- U.S. Stocks Gain as Senate Votes to End Shutdown: Markets Wrap