Pimco Sees Peripheral Bonds Giving ECB More Bang for QE Buck

Updated on
  • Economists anticipate extension of asset-purchase plan
  • ECB buying more peripheral securities 'sensible,' Pimco Says

As investors speculate about how the European Central Bank may extend its asset-purchase plan in the most effective way, Pacific Investment Management Co. has a simple answer. Refocus on the bonds of Europe’s higher-debt and -deficit nations.

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