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News : Business

Why it might be time to get defensive in fixed income

By Bloomberg
13 Aug 2018   |   10:16 am   |   2m 17s
Daniel Ivascyn says it’s time to take a more “cautious and defensive” strategy with the $113.7 billion Pimco Income Fund. He says he is taking the tack as central banks move away from accommodating policies that have buttressed markets since the 2008 financial crisis.


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