You are here

BlackRock to Pimco find bond sweet spots as Fed decision looms

Foreign central banks and mutual funds bought a record portion at the US$13b auction of 30-year bonds recently

New York

FACED with an imminent increase in US interest rates, the biggest bond investors say it's not the time to abandon fixed-income assets.

Pacific Investment Management Co and Fidelity Investments are betting that the Federal Reserve will keep rates low until inflation...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes