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Pimco Favors Australian Bonds, Betting on Rate Cuts Next Year (opens original article in a new tab)

TL;DR

Pimco is favoring Australian bonds, betting on future interest rate cuts by the central bank to support a slowing economy.

  • Pimco favors five- to 10-year Australian bonds
  • Pimco bets on central bank rate cuts to support slowing economy
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