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Home › Finance › Pimco Favors Australian Bonds, Betting on…
Finance

Pimco Favors Australian Bonds, Betting on Rate Cuts Next Year

Bloomberg Jun 17, 2026 2h ago ⏱ 1 min read 👁 2 views
Pimco Favors Australian Bonds, Betting on Rate Cuts Next Year
Image via Bloomberg
📋 Article Summary
46 words
Pacific Investment Management Co. is favoring five- to 10-year Australian debt, wagering the central bank will ultimately be forced to pivot to interest rate cuts to support a slowing economy. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.
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