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Pimco favours inflation protected bonds

It is reversing bearish bets on crude oil and other commodities to adopt neutral or bullish positions

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PUTTING RATE HIKES ON HOLD? Top Federal Reserve officials have voiced concern that US consumer prices are stagnating.

Singapore

PACIFIC Investment Management Co (Pimco) is recommending Treasury Inflation Protected Securities (TIPS) even as tumbling oil costs prompt Federal Reserve officials to voice concern that US consumer prices are stagnating.

An inflation rate that is stuck near zero combined...

sentifi.com

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