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Finance & Markets

Pimco Sees Value in Australian Bonds as Rate Hikes Overpriced

Pacific Investment Management Co. is taking an increasingly constructive stance on Australian bonds, arguing that market expectations for interest-rate hikes have gone too far in the face of a slowing local economy.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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PIMCO's Bowe on Australian Bonds Outlook

Adam Bowe, Managing Director and Head of Australia Portfolio Management at PIMCO, discusses the outlook for Australia's bond market ahead of the RBA's September policy decision, with markets assessing…

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