金融市場

Bond giant Pimco favours UK debt over US Treasuries amid inflationary pressure

Fund manager projects Federal Reserve will cut interest rates more slowly than other central banks
Pimco’s Andrew Balls warned the yawning US budget deficit would be likely to push up long-dated Treasury yields, reflecting a fall in prices

Bond fund giant Pimco is holding a smaller than usual position in US Treasuries and prefers the bonds of countries such as the UK and Canada, as it believes inflationary pressures may lead the Federal Reserve to cut interest rates more slowly than other major central banks.

Andrew Balls, chief investment officer for global fixed income at the $1.9tn-in-assets firm, told the Financial Times that weaker economic growth in some countries is helping ease price pressures there faster than in the US.

您已閱讀15%(640字),剩餘85%(3656字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。
版權聲明:本文版權歸FT中文網所有,未經允許任何單位或個人不得轉載,複製或以任何其他方式使用本文全部或部分,侵權必究。
設置字型大小×
最小
較小
默認
較大
最大
分享×