BlackRock Joins Pimco Finding Bond Sweet Spots as Fed Looms
Faced with an imminent increase in U.S. interest rates, the biggest bond investors say its not the time to abandon fixed-income assets.
Pacific Investment Management Co. and Fidelity Investments are betting the Federal Reserve will keep rates low until inflation accelerates from todays dormant levels. BlackRock Inc., the worlds largest investment company, favors intermediate-maturi ...
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