Pimco Sees Bernanke-Style Saver Glut Capping 10-Year Yield at 3%By
Ten-year yields will struggle to push past 3%, Pimco says
Bernanke's theory says savers funnel money into Treasuries
Pacific Investment Management Co., home to the world’s biggest actively run bond fund, says the savings glut that dictated the direction of the bond market a decade ago is keeping borrowing costs down again in 2015.
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